Big Financial Weakens 28 Conversion Fails

Yesterday, the A share market fell again, and the "four Lian Yang" trend of the market ended.

At the close, the Shanghai stock index fell 59.83 points, or 1.67%, at 3524.99.

From the plate, yesterday's top declines were mostly large financial stocks, such as banks, insurance, brokerages, and so on.

In the interview, reporters learned that in the first few trading days, in the process of big financial rising, some investors were buying high, and now they began to worry whether they would be deeply set up.

Li Can, a private equity practitioner, believes that the current stock market style has not been successfully pformed into the "28 market". Before this, the big financial increase was mainly driven by the event factors, and the pre financial period has been adjusting, so it also has some property of compensatory inflation. It can not simply see the rise of the big financial days in the past few days as a new round of buying.

Another news worthy of investors' attention is that although the European Central Bank adopted interest rate cuts on Thursday this year, European stock markets did not seem to be buying too much.

"The decline in the European stock market overnight also has some negative effects on the A share market on Friday."

Everbright Securities Li Zhusong said, from the current situation, the signs of European economic recovery is not obvious, "if

It has been sluggish, which will also have an impact on China's economy, which may be the reason for yesterday's departure of some funds.

Li Zhusong also believes that the next step is whether the Fed should raise interest rates.

In fact, since July, under the background of the downtrend of stock market, investors' sentiment has been very low. In addition to the low volume of market volume, another intuitionistic embodiment is the surge in the size of the IMF.

According to the recent data released by China Foundation Association, by the end of October, the scale of money market funds reached 3 trillion and 730 billion, accounting for 52.5% of the total scale of public funds.

And now at the end of the year, Mr. Wang, a senior investor, thinks that at the end of each year,

It will be relatively tight, and the pressure on banks will increase. The IMF may be more popular with some investors.

In fact, some companies are also increasing the issuance of monetary fund products. For example, recently, Ping An Bank jointly launched a shadow product of "money car" with the safe Dahua fund.

The product integrates loan and financial management. It aims at buying all vehicle buyers. Some of the car purchase funds will be used to purchase a higher yield Monetary Fund. At the same time, a low interest or even zero interest rate will be used to purchase vehicle loans. The proceeds of the IMF will be higher than the loan interest, so that the customers will get excess returns.

The first batch of new shares reissued after IPO was released this week.

Also announced on Thursday that 10 of the remaining 18 starters have completed the post event procedures and restart the filing work, and are determining the date of issue.

Ping An Securities Shen Yuan believes that the market is usually sensitive to IPO arrangements, and is accustomed to linking it to the "regulation of market operation rhythm", which may be another factor in yesterday's stock market decline.

He also predicted that a new batch of IPO could be in the middle of this month.

Li can remind private equity practitioners that if the second issue of new shares coincides with the time node of the Federal Reserve raising interest rates, investors should be aware of any unhealthy market sentiment at any time.

At this point in time, the stock market mainly relies on the stock capital game, and the opportunity of individual stocks may be presented in a state of "surprise" and "structural bull walking".