There is a very classic saying in the stock market recently, that is, "kill a white horse to sacrifice to the sky in one day", which means that the stock market has , white horse stocks, , have fallen sharply inexplicably, and even fallen to the point where investors doubt their lives.
In just a few days, many white horse stocks fell below their lowest point last year. These blue-chip stocks have very good fundamentals and there is no negative news.
Speaking of which, the worst thing in the stock market is the stocks of real estate companies. Many stocks have fallen below the net value of the company. That is to say, you are buying something for 50 cents, but even so, the stock price is still chattering.
Why do real estate stocks fall sharply? Because everyone cannot see the future of real estate companies, nor can they see the hope of the real estate industry.
The more important factor is that everyone's income cannot see an upward trend in the short term.
The instability of the global economy, in the short term, because of the beautiful country's hegemony and power politics, economic development will not see a positive trend in a short period of time due to the epidemic and political reasons.
These external factors are the main factors in the recession of the real estate industry.
Houses cannot be sold, leading to a recession in the entire industry. Building materials, home appliances, construction engineering and other related industries collapsed across the board. This is the real market reaction.