The mood of the market always makes people feel uncertain. It was good a month ago, but it may be all empty next month. This market now makes many people feel particularly entangled. A shares have been adjusted for nearly a month, and many investors have lost 30%. This loss is unacceptable to many people, so now many people have started to stop. In such a market, many fund companies have begun to take certain measures to prevent the whole market from continuing to fall. Only in this way can the confidence of investors be stabilized and the market be maintained.
What's the news
The news comes from the fund industry. There are three large funds with a level of 10 billion that have greatly relaxed their subscription restrictions. In the past, we applied for these funds for limited purchase, but now we have fully liberalized the purchase restriction. We can understand that when the market is gradually picking up, some fund companies will let go of the purchase restriction to attract investors' attention in this way.
How do I understand this behavior?
Personally, I think the market decline some time ago is a bit big. Many investors can't accept such a retreat, so many investors lose confidence. The reason why fund companies relax the purchase restriction and self-purchase is to let investors have the confidence to stick to it, so this is the normal operation of fund companies, and it is also a delaying tactic for fund companies to face the current market problems.
What do I think of the current market?
All along, we have been emphasizing the so-called slow cow, but in my personal opinion, the slow cow has not come out yet, and the bear market has come out, so this situation will make others feel very troubled. Personally, I think there will still be room for decline in the current market. Although many fund companies have started to intervene now, they can't determine the direction of the whole market, and may quit between 10%-20% in the future. It's just.