Interpretation Of The Cost Of Fusing Mechanism In Jianjian

I have never seen the first day of the new year, but I have never seen such a low diving.

On the first day of the opening year, people are always looking forward to their expectations. After all, this is the starting point for the annual market journey and the benchmark for market layout in a year.

The annual benchmark for opening the market is always used to the annual opening of the index, but this year is a bit odd.

On the first day of the first day, the first day of the fall broke the 3500, 3400 and 3300 integer mark, and the last two fuses closed the Shanghai composite index at 3296 o'clock. Due to the discounted trading hours on the same day, the Shanghai and Shenzhen stock markets only traded about 500000000000 Yuan on the day. Compared with the closing point of 3539 in 2015, a huge gap of 243 points was formed. In this gap, the turnover was very small. Almost all the stockholders in the market could not escape, because there was no chance of escape, and the market value of all the shareowners had shrunk by about 7%. Therefore, from the actual situation, this year's market benchmark should be based on the first day closing standard, that is, 3296 points, and the market value of the market will be cut off. This year's opening index is 3536 points, which is relatively easy to remember.

They brought a great threat.

Coincidentally, trading on Thursday only lasted 15 minutes, and the market broke down again for two times. Two times in a week, it showed that the stock market had a systemic problem. On the surface, it was good for investors to wake up, but the reality is that not only did it fail to sober up, but it brought panic in the market, and there was a first fuse, and there was bound to be second melted down. Because the mechanism brought to market the feeling that stocks would not be thrown away immediately, so that they could not be thrown away immediately after the first blow, and the market opened less than 10 minutes after the first blow.

It is liquidity risk. On Monday, it was traded for about 2.5 hours after it was blown off. There was a turnover of 500 billion yuan on that day, and 15 minutes after trading on Thursday, and the Shanghai and Shenzhen Stock Exchange only traded about 180000000000 yuan.

Fortunately, Thursday night.

The fusing mechanism was suspended, but the market has shrunk in the market value of about 7 trillion yuan.

Next, the market needs a process of self cultivation and healing.

China's stock market in 2016 was a bad luck and bad luck.

In the first half of the year, the tone of the market is probably the main line of the whole year, and the short term average in a year has been broken down. This means that the market is stuck in the market. The next thing we need to focus on is the integer mental barrier of 3000 points. The most important thing is to focus on 2850 points.

The introduction of the fusing mechanism is really not the time. It is really good to catch up with the great adjustment of the RMB exchange rate. The depreciation of the renminbi means the depreciation of the RMB assets, and it is really good to catch up with the lifting of the ban on large non tradable shares in January 8th. What is the concept? All the low cost chips that have been holding for half a year are really looking for a way to cash in. The mood of such a great escape is hard for the general public to understand. Just because the initial stock accumulation of these primitive shareholders has completed their pioneering work, such a market structure, such a time frame, has introduced an unrealistic market melting mechanism, which can only bring the market panic.