"Moderate" To Remind The Risk Of Small Cap Stocks Will Continue To Adjust.

The market has been a bit crazy recently, mainly because of market rumors. Xiao Gang, chairman of the securities and Futures Commission, expressed the vision of "bull market more slowly and longer than last time" in Shen Wan Hongyuan's research. In fact, Xiao Gang's risk warning is the key point.

The main indicator stocks on the disk, such as two barrels of oil, China Railway and so on, all showed signs of building up. In principle, they continued to clean up structural plates at high prices and only failed to advance.

Yesterday afternoon, after the market shook up, the center of gravity moved downward, indicating that the risk of short-term adjustment has increased.

From Xiao Gang and the SFC risk reminder to Friday's press conference, we will mention the compliance of the two financial businesses.

There are three points to be paid attention to in the specific seven aspects: first, we must halt the sale of the umbrella trustees, and the two is to adjust the initial margin in time according to the market situation. Three, we should promote the development of the securities lending business, enrich the channels of voucher sources, and meet the demand of the securities market.

Singapore's A50 index dropped sharply after the launch. It is expected that the market will start adjustment next week, and the magnitude will not be less than 1 to March this year.

Looking forward to the "slow cow" market.

Xiao Gang attended the ceremony of listing Shanghai 50 and CSI 500 index futures and made a "mild" risk warning for the recent A share market frenzy.

On Friday, the Commission announced its support for shorting at the news conference, encouraging institutional lending and listing A50 overseas.

It immediately responded to a sharp fall of 5%, while at the same time, seven new rules and regulations of the securities and Futures Commission were two, and the off-site allocation of funds was prohibited.

It is easy to see that the SFC intends to cool the fast bull mad cow.

This is also consistent with the management that we have always hinting at. In fact, it is hoped to guide the long-term slow City, with financial direct financing to support the industrial pformation and upgrading of the real economy, and at the same time, to resolve local government debt in a coherent way.

However, once the trend of national savings and moving equity investment is established, it will immediately become overwhelming. The stock index will break through 3478 points and 4000 points in a month, breaking nearly 3478 points from 20 points in March 17th.

Hong Kong stocks and B shares, which are relatively low in index, are also booming during this period. Social capital runs into the equity market.

Back to the disk, the new listed CSI 500 and SSE 50 index futures closed on Thursday are now performing a very different premium. The CSI 500 futures are 3% lower than the spot price, while the Shanghai Stock Exchange 50 Futures premium 3%. This is also the "smart" institutional capital choice for short-term valuation of the large blue chip valuation market, while the growth stocks of new industries represented by Chuang Xiao board are voting with feet.

Combined with the index performance, it is not hard to see that the gem index set a new high in the first week of this week, because the volume is not following, and the short term overall is in a weak position.

Combined with the "mild" risk warning of the SFC, it is certain that the small cap stocks with high valuations will continue to be vulnerable at the beginning of next week. It is suggested that investors avoid the recent stocks that are high.

A share is the policy market, and the investors' caution must be put in the first place.