【沪指跌1%逼近2900点，#A股大跌#】
On December 20, the three major stock indexes fell across the board in the afternoon, all falling more than 1% in the afternoon, the Shanghai Composite Index approached 2,900 points to hit a new low in more than a year, and the Shenzhen Component Index and the ChiNext Index both hit new lows.
As of the close, the Shanghai Composite Index fell 1.03% to 2,902.11 points, the Shenzhen Component Index fell 1.41% to 9,158.44 points, the ChiNext Index fell 1.36% to 1,802.88 points, and the Beijing Stock Exchange 50 Index rose 2.52%.
On the disk, the media, tourism, and brokerage sectors were among the top decliners, while the insurance, real estate, wine, food and beverage, automobile, and pharmaceutical sectors all declined;
For the current market, Founder Securities pointed out that the market has been broken, and the specific lowest point is unknown, but whether it is fundamental factors, emotional factors, or even technical factors, it can be determined that the low point of the market is nearby, as for whether 2885 points will fall below, it is not so easy, after all, the market valuation is at a historical low, and the medium-term upward space is much greater than the downward space。
Guosheng Securities said that with the gradual improvement of the external environment, the pressure of RMB depreciation has been effectively alleviated, and the improvement of risk appetite of external funds will help accelerate the pace of A-share adjustment. (Securities Times)
