Global Stock Market Faces Black Monday &Nbsp, A Shares Are Facing Challenges Today.

Inflation is running high and the external market is plummeting. A shares are facing multiple pressures on the first trading day after the Mid Autumn Festival.

Before the festival, the macroeconomic data and the trend of the peripheral market in August are the investors' greatest concern. Although CPI did not record high in August, it rose 6.2% compared to the same period last year, still slightly ahead of market expectations. inflation High operation situation will not be changed. "There is no obvious downward trend in inflation, and the relaxation of fantasy policy is totally unrealistic." The views of many private reporters interviewed yesterday are almost the same.

The house is leaking for a rainy night. In September 12th, European stock markets opened up sharply, creating a new low, especially in the stock market. The Asian Pacific stock market also fell, the Hang Seng index plunged 4.21%, and the peripheral stock market suffered "black Monday". A shares are facing the test today.

Private equity concerns CPI high in September

In September 9th, although the Shanghai Composite Index rose more than 1%, driven by the rise of brokerage stocks, the market wait-and-see atmosphere was strong, and the lack of dynamic energy was hovering around the 2500 points, which finally dropped -0.05% and the Shanghai Composite Index closed 2497.75 points. Shenzhen Composite Index closes 10892.39 points. The two cities traded 53 billion 540 million yuan and 45 billion 560 million yuan respectively, and the volume continued to maintain the volume.

"No popularity, no hot spots, no money making effect!" Wang Liang, chief investment officer from Shenzhen Taihe investment, believes that the current A shares are "three no products".

The two variables, the inflation situation and the external market trend, are considered to be important factors in the market sentiment before the Mid Autumn Festival. Now, the two variables are fulfilled.

The macroeconomic data released in August on Friday showed that although CPI did not record high, it rose 6.2% over the same period, and still slightly exceeded market expectations. Before that, it was widely expected that CPI would be 6% or even lower in August.

But there are private concerns about inflation in September. New high 。

"A recent survey by CIC Securities said that in the past 10 years, the average value of CPI in September was 0.7%. At present, inflation expectations should be higher than the historical average level. Therefore, if the CPI ratio in September reached 0.9%, then the CPI in September would be the same as the peak in July. Wang Liang analyzed, so he thought that "whether CPI is high in September" deserves our attention.

"There is no obvious downward trend in inflation before the illusion of policy easing is completely unrealistic," several private placement have similar views.

Hang Seng plummeted 4.21%

The external market is another variable that worries the A share market. Global stock market "black Monday" proves that the market's worries are not unreasonable.

The Asia Pacific stock market, which took the lead yesterday, plummeted. The Hang Seng Index, which has a very high correlation with A shares, dropped sharply by 3.03%, followed by a narrow concussion in the low position, and further expanded in the afternoon, and finally plunged 4.21%, closing at 19030 points, approaching 19000 points. The index of state-owned enterprises has dropped by 4.79%, breaking below 10000 points.

Among them, Jiangxi copper (30.59, -0.74, -2.36%), Weichai Power (39.53, -0.75, -1.86%) fell more than 8%, conch cement (17.40, -0.64, -3.55%), ZOOMLION (9.74, -0.31, -3.08%), Anshan Iron and Steel shares (5.39, -0.08, -1.46%) and so on dropped more than 7%, China Aluminum (8.72, -0.15, -1.69%), China Ping An (39.40, 12), China Life (15.63, 12, and so on) dropped more than 5%.

In addition, the Nikkei 225 index fell 2.31%. Australia fell 3.56%.

The opening of the European stock market is also the whole line. Setback 。 As of 19 hours in Beijing in September 12th, the French CAC index fell by 4.9%, reaching a new low of 2 years. The German DAX index fell 3.49%, creating a new low of 2 years.

Due to reports that Moodie may have lowered the rating of France's three largest banks on Thursday, the corresponding shares have plummeted.

9, in October, many private-owned and idle funds were considered to be the month of the outbreak of the debt crisis in Europe, and the risk of the external market may still be far from being released.

Inflation continues to run high, CPI may hit a new high in September, tightening policy may be less relaxed in the short term, and the risk of the external market has been exposed, A shares will soon be under pressure.