At present, the Shanghai Composite Index has fallen more than 150 points since falling from its previous high of 3,174 points. This decline is accompanied by frequent switching of styles, as well as the continued sluggishness of the turnover in fluctuations, indicating that the stock market is in a short-term adjustment, and many investors are not enthusiastic about participating.
In particular, the general decline of the consumer sector has also amplified the market of the three major stock indexes grinding to the bottom, so that A-shares are still building signs of a phased bottom. Although the Shanghai Composite Index is supported at 3,000 points, it is a pity that the stock market is still a stock game, and the deepening divergence of institutional investors has delayed the large-scale rise.
Fortunately, 3,000 points still did not fall below, and the stock market had funds in estrus every time at 3,000 points to avoid falling below 3,000 points. In this way, if the Shanghai Composite Index can rise sharply at 3,000 points, the short-term downside risk can be reduced, and there may be a change in the direction of the market in the near future.
Wednesday is about to open, and news is coming
Message 1,
The survey data of public funds in the first half of the year was released, and there were more than 260 public funds, and more than 46,000 surveys were conducted, an increase over the same period last year. This also reveals that public funds are looking for new investment opportunities under the bottoming out of the stock market this year.
The industries surveyed this time are mainly focused on electronic components, semiconductors and industrial machinery, with a focus on the technology industry. Especially for companies with stable growth in performance, many fund companies are very active in research.
In addition, public funds generally believe that short-term adjustments are opportunities to increase positions, and the stock market in the second half of the year can still be more optimistic. The reason for this is that demand in many industries will continue to grow, which will also be reflected in stock prices.
Peony expects that the optimism of public funds on the stock market, as well as the fact that private equity funds have ended their position reduction for 4 consecutive weeks, will make the short-term differentiation trend of the three major stock indexes may accelerate the start of the change, and regain the upward trend after the end of short-term adjustment.
In other words, public funds are optimistic about the market in the second half of the year, private equity is more optimistic about the expected rise from mid-June, and A-shares have experienced a decline in nearly one month, both in terms of turnover and technology, there are signs of bottoming out, so that public and private equity maintain a positive attitude towards the market behind.
Message 2,
The balance of A-share securities lending has refreshed a new low this year, and the current balance of securities lending is only 33.04 billion yuan, which has also hit a new low in four years. The decrease in the balance of securities borrowing and lending is a signal that there is no significant increase in funds shorted in the stock market. After the rapid decline in February this year, the current securities lending is likely to fall back to below 20 billion yuan again.
In addition, the financing balance has 1,475.9 billion yuan, since the stock market fell in May, the amount of financing balance reduction will not be much, indicating that many speculators, because of the recent decline in A shares have sold funds, but the overall situation is tepid, more speculators are positive about the stock market behind, and there is no major change in the financing balance.
This also negates that the decline of A-shares from 3174 points this time is a rumor that securities lending is selling, and the scale of securities lending continues to decrease, which has not affected the stock market. If it is not the securities borrowing and lending funds that are selling, it is likely that some funds that were previously hedged at a high level are selling, and quantitative trading has affected the trend.
With the stock market at 3,000 points of selling pressure to lighten, the Shanghai Composite Index can be supported at 3,000 points, the balance of financing is expected to increase, and the stock market may be at 3,000 points of the Shanghai Index, brewing a second wave of upward trend.
The stock market, the big rise is about to begin?
From the analysis of news 1, the public fund's enthusiasm for the stock market has not cooled down, the private equity has also begun to stop reducing positions in the stock market, and the public and private equity have maintained an active bullish on A-shares.
News 2 shows that the balance of securities lending and borrowing continues to shrink, and the financing balance has not decreased, which also reflects that there are far more investors who are long in leveraged funds than in short investors, which is also good news for A-shares.
Peony expects that the stock market will start a big rally, and if it can support the start of a large-scale market at 3,000 points, the stock market will end its decline and open a second wave of rising market.
The article is a peony investment idea, it is not easy to be original, and the content does not constitute investment advice, for reference only!