The high-export sector fell by more than 4% yesterday, followed by new stocks, second-new stocks, chip concepts, etc., which are the following factors that have led to the big drop in high-export sectors.

Monday, December 4, all indexes opened low due to market sluggishness. The high bonus and transfer sector fell by more than 4% yesterday, followed by new stocks and second-new stocks, chip concepts, etc., which prompted the sharp drop in high bonus and transfers. There are several factors:

1. The China Securities Regulatory Commission released a message on the weekend: Some listed companies use "high bonus and transfers" to cooperate with major shareholders to reduce their holdings and lift the ban on restricted shares. And the long-term lack of cash dividends and other behaviors such as increasing supervision.

As the end of the year approaches, the capital market is facing a test again. In order to cash out dividends, funds will cash out profitable chips in a timely manner. In addition, uncertain events such as the Federal Reserve's interest rate hikes have made the current market increasingly difficult to do.

1. From a technical analysis, the increase in high bonus and transfer last week was an infinite rebound after oversold. Such a market is difficult to last for a long time. Most of the buying is easy to enter and difficult to get in.

However, whether it is news or technical, there will always be someone paying the order behind every big drop, and this high bonus and transfer sector is no exception. 300639 Cap Bio opened low and fell to the limit , and Meteno opened low by more than 7%. It would definitely cost you to buy in and out last week. Especially after several days of sideways consolidation, rose and fell back to , and today it opened with a gap and hit the limit again!

In such a market, we must pay attention to avoiding risks. Before the market direction is clear, the best thing is to operate less, hold on to the funds, and don’t chase the rise again when you are excited.

has mentioned in the weekend article. Historical data shows that in the past 10 years, except for December 2012 and January 2013, the Shanghai Composite Index will definitely fall in one month in the two months of the alternation of new and old. See the table below:

Whether it is the weakness of the current market or the historical data analysis, the current market is not very optimistic, and I still focus on waiting and watching. The three major indexes opened lower in the morning today, and the military industry sector strongly led the index to turn red against the trend. Without the cooperation of volume, it would be difficult to reverse the current market structure and it would easily become a one-day tour. In terms of operations, you should not blindly chase the rise, and you must have a light position in the short term!

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