(An additional 50 points will be added to the highest score)
"Comprehensive Analysis of the Reasons for the Continuous Decline of China's A-shares from 2007 to the present" Overview: my country's A-share market has a strong speculative atmosphere. In a mature market, most people invest in value and hold stocks because of their intrinsic value. Most people in our country hold stocks in order to sell them after they rise. In this way, it is easy to chase the rise and kill the fall, leading to sharp rises and plummets. This is not conducive to cultivating a mature market.
Part One: A-share 08 Review: In 2008, Shanghai and Shenzhen A-shares performed the "five largest transactions" since the current bull market. Behind these ten largest transactions are investors' fear of yesterday's market and the market outlook.
Worry.
This newspaper has sorted out the top ten cases for investors to accurately grasp the pulse of the market outlook.
1. The biggest drop - 354.69 points in a single day. Yesterday, with the active intervention of the bargain-hunting market, the Shanghai and Shenzhen stock markets only fell by 2.67% and 1.39%, successfully recovering some of the lost ground.
However, as panic has formed, more sellers took advantage of the opportunity to flee, causing the stock index to continue to fall unilaterally. At the most, it fell 401.37 points and 1411.78 points, a drop of 8.17% and 8.2%. The largest drop was the largest drop in the Chinese stock market.
In terms of the number of points dropped, it was the largest single-day drop of 354.69 points in the history of the Chinese stock market.
2. The biggest fear - about a thousand stocks fell to the limit. When the "February 27" crash last year, the Shanghai and Shenzhen stock markets set a record for the largest decline since February 18, 1997. About 800 stocks fell, but this was just a small witch.
.
Statistics show that yesterday, about a thousand stocks in Shanghai and Shenzhen stock markets fell to their daily limits (excluding ST stocks), and the market was in disastrous condition exceeding "2·27".
At the close of trading, only 24 A-shares in the two cities rose, and the rest all fell. About 830 stocks fell to the limit. If you include the 120 ST shares that reached the decline limit, there were nearly 1,000 stocks that fell to the limit. This shows the fear in the market.
3. The biggest danger - only a hundred points away from the annual line. All technical supports in the Shanghai Stock Exchange except the annual line have been broken down, and market sentiment has been hit hard like never before.
Data shows that the Shanghai stock market fell crazily to 4511.95 points yesterday, a plunge of more than 401 points, and is only more than 100 points away from the annual line of 4403.98 points. This is the only decline from the annual line since the bull market. Is the bear market approaching?
Or how the bull market will continue in the future is testing the wisdom and confidence of all parties in the market, including management.
4. Maximum loss - more than 2 trillion yuan in market value evaporated. This sharp drop was caused by Ping An's "money trap" plan. It was the last straw to overwhelm the confidence of the bull market.
The market value loss caused by the market was several times that of 160 billion yuan. It can be said that the gain outweighs the loss.
Statistics show that the total market value of Shanghai and Shenzhen stock markets yesterday was 28776.684 billion yuan, a significant evaporation of 2266.742 billion yuan from Monday. Compared with the market value of the two cities last Friday of 32681.859 billion yuan, it dropped rapidly by 3905.175 billion yuan, surpassing Ping An by 160 billion yuan."
24 times that of the money trap” scheme.
5. The biggest injury - the two industry indexes fell to the limit, the government bond index bucked the trend and rose by 0.03%, the corporate bond index (112.640, -0.03, -0.02%, bar) fell by 0.08%, the injury was not serious, and the average decline of other various indexes
As high as 7.48%.
Among them, the food index and agriculture and forestry index had the smallest decline, falling by 3.13% and 4.03%; but the construction index, textile index, real estate index, and financial index fell sharply by 9.89% to 8.63%, while the communication index and the extraction index actually fell to the limit, hurting
heaviest.