August Big Shock A Shares Taste Bittersweet

The A share market has been in the third wave of deleveraging in two months since August 17th. By the end of this Thursday, the "two financial" balance has dropped to 1 trillion and 77 billion 572 million yuan, which is 51.68% lower than the 2 trillion and 230 billion 4 million highest historical value in June.

In all 893 "two fusion" underlying stocks, the balance of 320 stocks was down by more than 20% during this period.

As of yesterday's close, the Shanghai Composite Index,

The index, the SME board and the gem index respectively reported 3232.35 points, 10800 points, 7293.46 points and 2082.12 points, and the monthly declines reached 11.77%, 12.72%, 12.51% and 18.02% respectively.

The Shanghai Composite Index and Shenzhen index both hit the highest monthly drop in August since 2009.

It is worth noting that the performance of major overseas stock markets in August was better than that in the A share market. The cumulative decline of Dow, NASDAQ and S & P 500 index in August was only 5.85%, 6.15% and 5.52%; the DAX index, CAC40 index and FTSE 100 index of the three major European indexes fell by 9.18%, 8.53% and 7.44% in August, while the Nikkei 225 index in the Asia Pacific stock market dropped only 7.04%.

The A-share market is about to finish trading in August. However, looking back at this month, the A share market performance is really a "throw in the towel". Not only the overall decline of the A share market is the main global A.

At the very beginning, investors' confidence was almost falling apart. However, with the gradual accumulation of good news such as "social security funds can be used for investment", the A share market gradually saw the dawn of recovery in the final stage of August.

According to the latest announcement issued by Zhong Deng, the number of investors in stock and the number of trading investors in the week were only 50 million 881 thousand and 900 and 23 million 829 thousand and 900 in the middle of this month, all at their lowest level since July.

It is worth noticing that we fled this month.

Institutional investors accounted for a considerable proportion of the group. In this month, a total of 1644 institutional investors appeared on the main trading seats of stocks, including 704 buying pactions and 940 selling pactions. Institutional investors sold about 6 billion 855 million yuan in A shares this month, which is not only 9.77 times higher than that in July, but also meant that in August, it became the largest monthly net reduction in institutional seats this year.