After half of National Day, the external financial market has started to move. Without surprise, the external market has risen sharply during the closing period of A shares , which made the Chinese stock market sigh. Looking ahead to next week, can A-shares be able to recover and launch a big counterattack? Let's take a look at the detailed analysis.
First of all, let’s look at the news from the external capital market. US stock html opened high and closed high on Monday, the Dow Jones Industrial Average rose 2.66%, S&P rose 2.59%, and the Nasdaq rose 2.27%; large technology stock rose collectively, Apple rose 3.08%, Microsoft rose 3.37%, Google rose 3.28%, Amazon rose 2.55%, and Meta rose 2.16%. New energy vehicle stocks rose and fell mixed, and Tesla Tesla car delivery volume in the third quarter did not meet market expectations, and the stock price closed down 8.61%, the largest single-day decline in four months. Rivian fell 3.10%, while Lucid rose 0.86%. Popular Chinese stocks rose and fell, New Oriental rose 4.42%, Tencent Music rose 2.46%, Ideal Auto rose 1.96%, Baidu rose 1.69%, Alibaba rose 0.58%, Pinduoduo rose 0.11%, JD fell 1.55%, NIO fell 1.78%, Xiaopeng Motors fell 1.84%.
Personally believe that the rise of US stocks is not because of the law of A-share vacation, but because US stocks have also adjusted very well recently, with a bottoming out trend. The US stock market has been bullish for so many years. If it falls easily, it will be a disaster for the entire United States. Don’t look at . The Federal Reserve’s interest rate hike has attracted all the funds back, in fact, many people still use the money to trade stocks. After all, it’s only a matter of time to make money by buying American stocks.
In addition, US energy stocks generally rose, Murphy Oil rose by more than 11%, Marathon Oil rose by more than 10%, Apache Oil rose by more than 9%, ExxonMobil and Chevron both rose by more than 5%, and Occupy Oil rose by more than 4%. This means that the next time the domestic oil price adjustment window may be closed or not adjusted, at least the hope of a sharp decline will be shattered again. We further estimate that consumption costs have not been reduced, and the consumer demand of ordinary people will be suppressed. However, the consumption climax at the end of the year will be limited in the impact of oil prices.
Secondly, let’s take a look at another big news. China Petrochemical Co., Ltd. announced on the Hong Kong Stock Exchange on October 3 that the company has applied to revoke its American Depositary Shares in the form of Global Depositary Receipt in the form of Global Depositary Receipt in the standard list of the official list of UK Financial Market Conduct Authority and trade in London Stock Exchange Main Board Market. Each depositary share represents 100 H shares of the company, with a face value of RMB 1 per H share.
The company's board of directors approved its delisting shares from Long-Enterprise to delist, which comprehensively considers some factors, including the number of H shares corresponding to the company's issuance of depositary shares compared with the number of H shares of the company, the trading volume of the company's depositary shares on the London Stock Exchange is extremely small compared with the global trading volume of the company's H shares, and the administrative burden involved in maintaining the listing of depositary shares in the standard sector and the London Stock Exchange. The delisting is expected to take effect at or around 8:00 am on November 1, 2022 (London time), so the last trading day for depositary stocks on the main board of the London Stock Exchange is expected to be October 31, 2022 (London time).
This means that PetroChina has completely delisted from overseas, and can only play in the domestic Hong Kong stock or A-share market . It is estimated that it will not look down on other markets in Asia-Pacific countries. Such a big guy has still had an impact on the market, at least investors think it is here to suck blood. We can take a look at , three barrels of oil, , each of which makes money every day, but the performance of the capital market is not satisfactory. This is really worthy of deep thought by regulators.
Finally, in terms of market sentiment, it still has not improved. Due to the sharp rise in US stocks yesterday, the impact on investors in the A-share market is still very big, and retail investors have not stopped mocking the stock market. This situation is very common on the way the stock market falls. This shows that a large number of investors are still changing their minds and still unable to control their emotions.
encounters a decline, most people see risks, and a small number of people see opportunities. When you focus all your energy on risks, you naturally don’t take into account the opportunities around you.However, I think that in the current situation, retail investors are full of risks, and they do not think that decline is an opportunity at all.
Judging from the trading volume last Friday, the volume fell below 600 billion, which means that the transaction has entered a restricted state, and both buyers and sellers do not want to move at all. This is a typical feature of the bottom. Retail investors have a characteristic, that is, they dare not buy at low levels and do not want to sell at high levels, but they operate frequently along the way. Don’t tell me that retail investors don’t want to sell stocks now. If they had the chance, they would have run away long ago.
Anyway, I will not be bearish here. Instead, I feel that once the bullet in my hand is fired, the rest is the moment to wait for profit. Next week, the bulls will make a comeback and launch a big counterattack. We will wait and see!
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