On July 15, , the market , broke out, killed , and even formed a sharp drop in the late trading of . On that day, Hong Kong capital unexpectedly outflowed 8.9 billion, which turned out to be a massive selling of banks. Hong Kong investors sold 3.7 billion in banks on that day, and sold a total of 13.1 billion in banks in the past 10 days.
Hong Kong investors have been heavily invested in real estate in the past few years, but they have been selling real estate stocks in the past year. Now the inventory of real estate stocks held by Hong Kong investors is already very large. If it is less, it will have little impact on real estate. On July 15, real estate prices fell sharply, and the main funds were indeed admitting their mistakes and cutting losses.
Banking and real estate are all weighted sectors. This time the market broke and fell, it was mainly due to the new negative news coming from the bear market, that is, the sudden wave of supply cuts. It may not be legal to cut off the supply of and , and it is even more strange to form a trend. However, in China, when the economic market is in trouble, ordinary people can easily imagine that the country will protect the weak, which will eventually bring bad luck to the enterprises. Whether they are stock investors or housing slaves, everyone's faith in the country and the government has not wavered at all, because everyone knows who is the biggest banker!
The bad news is actually a trivial matter. The most important thing is that bank real estate has been abandoned by the main players. No matter how low the bank's valuation is, looking at it now, the bank has no investment value at all.
Regarding the market, we still firmly believe that it will not fall deeply. 3300 points is still the central axis. Whether it is up or down, if it deviates too far, it must be corrected. For our operation, falling below 3200 points is an opportunity for to buy the bottom of .
Based on the medium and long-term trend, the Shanghai Index will not get rid of the consolidation pattern for a long time in the future. Therefore, it does not have much reference value for the operation of stocks and . GEM is now also trapped in the shock pattern of small boxes. Therefore, we can still only capture local opportunities in the future.
On July 15, official data showed that GDP was 2.5% in the first half of the year, 0.4% year-on-year in the second quarter, and 2.6% lower than the first quarter. Officials have repeatedly stated that the full-year target of 5.5% remains unchanged, and the growth rate must be maintained at 8.5% in the second half of the year. So, what can we do to stimulate the economy in the second half of the year? Or we can only increase investment in new infrastructure and new energy industries!
