Capital Market Faces Black Monday

On Monday, the Shanghai and Shenzhen two cities continued to make a sharp correction.

On the market side, the main stock index of A share market has gone lower and lower, and the hot topic speculation has also cooled sharply. The Shanghai Composite Index has broken the 2300 integer mark again.

Due to the listing of 12 new shares this week, there will be a diversion effect on stock market funds. It is expected that the market will continue weak shocks in the short term.

As of today's closing, the Shanghai composite index was 2289.87 points, down 1.70%; the Shenzhen composite index was 7895.87 points, down 1.88%; the SME board reported 5358.46 points, down 1.50%; the gem index reported 1483.35 points, down 1.05%.

In terms of industry, CITIC catering and tourism index is one of the most outstanding industries. It is the only sector of the industry that rises all day. Communications, computers and pharmaceuticals have dropped by 0.52%, 0.72% and 0.92% respectively, ranking second to fourth in the industry.

In terms of concept, the Tianjin Free Trade Zone approval process is expected to restart the news stimulus. The Wind Binhai New Area Index rose 1.17%, ranking first in the increase rate. Oil and gas reform, Internet security, Internet, biological vaccine and IPV6 index followed closely, rising 0.41%, 0.41% and 0.39%, 0.13% and 0.04% all day, respectively.

In addition to the above 6 concept plates rising, the remaining 92 concept plates all fell, including Shanghai free trade area, e-commerce, sewage treatment, the largest decline, respectively, 2.87%, 2.24% and 2.24%.

And the number of plates falling by more than 1% a day has also reached 58.

On the basis of the current distribution arrangements, including Chongqing gas, which has been purchased today, 12 new shares will be listed in intensive listing this week, in view of several times since June.

China's listed shares have gained significant excess returns, and the market is expected to see new growth. Analysts believe that this may cause some financial pressure to the market that is currently in the stage of recuperation.

According to the relevant agencies estimate, the freezing of new shares may reach 600 billion yuan this week.

Analysts say that

The market is obvious. The overall performance of banks, non bank finance and other heavyweight stocks is weak, which is a big drag on the index's further rise. Moreover, from the basic point of view, the pressure on traditional industries such as iron and steel is still high, and is constrained by the downturn in the industry boom. It is expected that in the short term, the index will not be able to revive the "lift" trend, plus the factors such as the issue of new shares, and so on, the market will continue.

However, while the market risk is rising, the risk aversion of consumption, bio medicine and so on has attracted the attention of funds, and there is an opportunity for band speculation.