This situation has not had a big impact on A-shares. Instead, the A-share market has gone out of its own way.
This is a very interesting phenomenon. When the global capital market led by the United States plummeted, many people judged that the U.S. stock market had fallen into a bear market. During this process, our A-share market has been rising all the way. When the A-share market bottomed out from around 2,800 points, the A-share market has reached around 3,200 points and continues to trend upward.
The S&P 500 has fallen into a bear market.
Due to the decline in the U.S. stock market, the Nasdaq index's single-day decline reached 4.68%, and the S&P 500's single-day decline also reached about 3.8%. After that, the U.S. stock market index has fallen by more than 20%, which also means that the U.S. stock market has officially fallen into a bear market. For investors in U.S. stocks, many may choose to sell stocks for safety, while some may choose to invest in the A-share market.
This situation has not affected the A-share market.
The main reason for saying this is that the A-share market has gone out of a multi-day rise, and many sectors of the A-share market have also experienced a single-day increase of more than 5%. Especially for the silicone sector and the new energy sector, because many people are very optimistic about the development potential of these two sectors, the comprehensive index of the relevant sectors has risen by more than 15%. At the same time, because the trading volume in the A-share market is very hot, the brokerage sector has also experienced varying degrees of increases. Many people even predict that the brokerage sector will get out of the bull market.
The A-share market has a certain degree of independence.
Although the capital markets in many places have been falling, because the A-share market itself has a certain degree of independence, and many stocks in the A-share market also have good fundamentals, many people are very optimistic about A-share market. The subsequent trend of the stock market. Especially after the COVID-19 epidemic has been effectively controlled in many places, it is generally believed that the turnover of companies in the A-share market will further break new highs, so the A-share market has not been affected by the US stock market.