The Shanghai Composite Index Will Be Opened Again.

Entering September is also a similar situation. Since August 25th, the Shanghai Composite Index has once again opened the shrinking board mode. In the next 8 trading days, the amplitude of Shanghai composite index is less than 1%, and the average daily turnover is maintained at 180 billion yuan. From the point of view of capital flows, the Shanghai and Shenzhen stock markets have been running out for 9 consecutive days since August 25th. In August 25th, September 1st and September 2nd three, the net outflow of funds exceeded 20 billion yuan, and the net outflow of the remaining 6 trading days remained at around 10 billion yuan.

In the bull market of A shares lasting for more than ten trading days, Hong Kong stocks There has also been a trend of sustained concussion, but in recent days, Hang Seng Index has taken the lead in linking Yang and hit a new high since the first half of the year. Compared with Shanghai Stock Exchange, Shanghai and Hong Kong have been more popular, and the boost to Hong Kong stocks is more obvious. A shares now have partial capacity to enlarge, but the continuity is not good, so it is easy to fall back, but local diving and capital absorption, so that there is a trend of sawing, including the 28 hot spots.

　　 Jade name It is considered that under the premise that the quantity can be restricted, the two cities will continue to maintain the pressure of general inflation. Therefore, the main force will need to switch frequently between two and eight. Only concentrating strength is expected to attack. This week's index is almost the trend of the main board and the growth enterprise board. Quietly, the main board is five connected with the sun, and it still sawing around the 20 day line. The space is very narrow, and it can be said to be running in the cracks.

How to view the recent market capital flows? The phenomenon of high turnover and low absorption is outstanding. For example, the overall net outflow of the main funds in August shows a total net outflow of 358 billion 428 million yuan, and the market as a whole shows a downward trend. The net outflow is 160 billion 185 million yuan, the net outflow of 198 billion 244 million yuan is large, and the net investment in the net is 54 billion 569 million yuan, with a net small net inflow of 309 billion 277 million yuan. In the 23 trading days, only three transactions on August 9th, 12 and 15 days showed a net inflow of funds, which were 3 billion 516 million yuan, 1 billion 322 million yuan and 38 billion 762 million yuan respectively.

Jade name thinks heavyweight 8.15 pulse market let the national team included. capital The big money inside has the opportunity to escape, followed by the downward trend of the center of gravity for 3 consecutive weeks and the star line finishing. Under the pressure of the exponential "step by step effect", many retail investors have become the top players. Therefore, the idea of catching up and blindly switching stock selection is not reliable. On the contrary, it is a good idea to absorb low value stocks, ignore the index and concentrate on making stocks.

Yu believes that this does not mean that funds are not optimistic about the future market, but in a narrow channel, "high throwing low suction" approach, this point in this year's national team, venture capital operations have been clearly reflected, the funds concentrated in the local do more, and then high throw, after diving, there is concentrated low suction, so the index space is not big, but the stock has gone through the wind and water, it is worth the attention of investors. Strategy, do not pay too much attention to the index, or follow the rhythm to do a good job, value shares do good work after class, do not catch up, diving can absorb low, feel at ease to make stocks.