However, the current situation is more complicated. On the day before last year, the surge was due to the announcement of two new funds. Let investors feel that the government's attitude is still positive and want to do a good job in the stock market. So the stock went up and everyone was happy.
But as far as the current situation is concerned, it is useless to issue new funds.
The fundamentals are very poor: the main reason for the decline is that Ping An and Pufa have announced financing and the amount is huge. The management has no objection and it is estimated that they will pass. Although there were two positive results over the weekend, four new funds were issued, and then Daqin Railway rumored that it was not prepared to refinance at present. But the analysis is as follows:
New fund-1 issued. Whether to sell or not is a question. If you can't sell it, it's no different from not sending it.
2。 After the sale, will Xinji participate in the refinancing of Pudong Development and Ping An? The refinancing will definitely pass, and Ping An is now lobbying fund companies to participate in its issuance. If the professional ethics of fund companies are limited to participating in the issuance, then four new funds will have a safe appetite. What should Pudong do? Pufa can, investment can be financed, investment can, why can't Xingye? . . . . . .
Daqin has no financing-it's a rumor. Not financing now does not mean not financing in the future. Just because Daqin can't raise funds doesn't mean that other blue chips can't raise funds. Can you really continue to hold blue chip stocks? Should such a stock market invest or speculate?
I don't think it will be good as long as the management doesn't stop this disgusting money-circling movement.
The global stock market plummeted this time, not to mention how foreign governments rescued the market. The recent Hong Kong Stock Exchange 1 month did not issue new shares, but here, additional issuance, money-circling, and new shares emerge one after another. This market is unbearable.
Therefore, it is good to have a big rise and a rebound. Don't enter the market easily until the fundamentals of this market have changed. Resolutely settle the profit, short the band if you can, and wait and see if you can't.