China Fund News Taylor
Brothers and sisters, did you lose money again today?
Last night, the Federal Reserve raised interest rates . Affected by the outside world, the three major indexes of A shares opened low, and once collectively rose and turned red during the session, and then fluctuated and fell back in the afternoon, without achieving a miracle day.
closed down 0.27%, Shenzhen Component Index fell 0.84%, and ChiNext Index fell 0.52%.
A total of 1578 stocks in the two markets rose, and only 3212 stocks fell. The net sales of northbound funds exceeded 3.6 billion yuan.
Medical people have another sad day. They kill one white horse stock every day, Oriental Fortune , Aimeike , San'an Optoelectronics , Mindray Medical , today it's the turn of Chinese medicine Mao - Pianzihuang.
and express delivery - SF Express , there is also a bit of a drop in the afternoon.
Why is this happening in the recent market every day? Brother Taylor also asked a brokerage teacher to analyze the reasons.
Pacific Securities Chief Investment Advisor Guo Shuhua judged that the short-term fluctuations in the international macroeconomic and political situation, the lack of production capacity expansion, and the management risks caused by scale expansion, and the lack of R&D process as expected, have given some institutions the motivation to reduce their positions to deal with risks. In addition, in terms of style, growth stocks are more resilient to performance fluctuations and gradually reach consensus expectations again. Therefore, the stock prices of these traditional old-fashioned white horse stocks are still actively pulling back to cope with uncertainties.
Galaxy Securities strategy analyst Yang Chao pointed out that the main incentive for market changes is the exit of private equity and investors with larger funds. The exit of private equity funds is likely to trigger the butterfly effect . The recent withdrawal of funds is mainly concentrated in two aspects. One is that the valuation did not repair at the end of April, and the other is the sector where the valuation has risen too quickly.
The coal sector fluctuated and strengthened, Shanmei International hit the daily limit, Huayang shares rose by more than 8%, Orchid Science and Technology Innovation , Haohua Energy , Panjiang shares , China Coal Energy , Shanxi coking coal, etc. followed suit.
Liquor stocks fell in the afternoon, with Jiuguijiu and Jinhui Liquor both falling 3%, Wuliangye and Shede Liquor falling more than 2%
Offshore RMB falling below 7.10
Today, the offshore RMB once fell below 7.10 against the US dollar, depreciating by 300 points during the day. CCTV reported that experts said that the fluctuation in the RMB exchange rate was mainly affected by the accelerated tightening of monetary policy by the Federal Reserve to curb high inflation. As the US dollar index continues to strengthen, most non-US dollar currencies, including the RMB, have depreciated to varying degrees. The fluctuations in the RMB exchange rate should be viewed with a normal mind. Although the RMB exchange rate has fluctuated significantly recently, the RMB has been performing steadily among major currencies this year.
North Korean military denies exporting weapons and ammunition to Russia: The US side hearsay
According to overseas network reports, according to KST , the deputy director of the General Administration of Equipment of the North Korean Provincial Defense and the Ministry of Defense issued a speech on September 21, criticizing the US's statement that North Korea's export of weapons to Russia "heardsay and has no basis."
talks stated that recently, hostile forces such as the United States have spread the "arms trading theory" between North Korea and Russia. The development, production and possession of military equipment, and the conduct of trading activities with other countries are the legitimate rights of sovereign states, and no one is qualified to make any statement.
talks said that North Korea has not exported weapons and ammunition to Russia and has no relevant plans. The US spread false remarks in order to discredit North Korea's image.
CNN and " New York Times " and other US media reported in early September that the latest decrypted documents of the US intelligence agency claimed that Russia is promoting the procurement of millions of ammunition from North Korea for shells used to attack Ukrainian and rocket .
That’s all for today’s matter. I wish you a blessing on Friday’s A-shares!
