The Big Boat Of A Shares Is Turned Over.

The Shanghai Composite Index's trading volume shrank to 118 billion yuan in May 26th, the lowest in October 2014, far below the level of 1 trillion and 300 billion yuan in June last year.

Since May 9th, the Shanghai Composite Index closed at 2850.86 points and 2806.91 points, with an average daily fluctuation of 0.4%, far below the level of 3% in January this year and 5% in July last year.

The 30 day average volatility index fell to 17, far below the highest level of 65 last year.

In the past two weeks, the Shanghai Composite Index has been fluctuating at 2800 points, with volatility reaching a new low in December 2014.

The exchange rate was lower than that of last year's high rate of 80%.

The turnover rate has dropped sharply, more than two times. The mature and active NASDAQ turnover rate is only 242%. The turnover rate in China is not low. What's so good about it?

A shares have always been famous for their high turnover and high speculation. Now that retail investors withdraw from the speculation of most stocks, is this not a good thing? It shows that value investment can be carried forward so that the national team can play a game with the organization. How can the game be really worth losing?

This is not to say that the agencies' parents are retail investors. Once the retail investors withdraw, the ecological chain will lose the lowest level of life.

At ordinary times, the stock market is not rational, and the low index is the poor psychological quality of retail investors. Now that some retail investors are dead, no one can be a scapegoat.

The turnover rate is not all low, but the stock turnover rate without hype is low.

Some of them have low turnover rates, so they have to pay dividends. Why should they change hands?

For example, large blue chip stocks are already controlled by controlling shareholders, others holding not for speculation, but to earn dividends for more than one year's fixed deposit.

For example, bank stocks, investors when long-term asset allocation, will not eat enough to buy today to buy tomorrow, to send money to the broker.

Not all stocks are low turnover companies.

It's quite high, for example, companies with short-term concept hype.

In April 20th, Dongfang fortune net data showed that there were 60 stocks with a turnover rate of more than 20%, with the highest exchange rate of 67.14%, and the four consecutive trading days became the top two stocks in the two cities.

On the 19 day and the previous three consecutive trading days, the exchange rate was 46.94%, 48.27%, and the turnover rate of five home exchange last week was as high as 62.31%.

Stock market big data, new media statistics, as of May 23rd closing, 37

The turnover rate is over 20%. Among them, the turnover rate of 2 stocks of Sino Singapore technology, Jiayao environmental protection and other 2 stocks is over 50%, and half of the chips are changed.

If the stock is allowed to return in the short term, allowing the market to stir fry special VR and film and television, let's see the turnover rate of individual stocks.

Now the turnover rate to two years low, blame the national team, complain about the economy, why, the stock market is much more than the goblin, but the goblin can not stand the test of time, a long time, the prototype is exposed, is a good thing for the market.

Have you been killed by mistake? Yes, but this is the chance to collect gold at low position. There is nothing to hesitate about.

Long blue chips will be divided. Some overcapacity and inefficient zombie enterprises only know that money is high for executives. They are never the same as the top of the church. Such enterprises are not only zombie in the physical field, but also zombie in the stock market.

The zombie of such a listed company is a refraction of the real economic zombies in the capital market. It is a good thing. This enterprise is not worthy of listing at all. The turnover rate should be low. It is obviously the stock of the penny stock. It has been approved by N for many years.

If the national team is willing to carry the sedan chair, carry it on. Perhaps there is a big news about the merger and reorganization that will enable the national team to unwind at once.

However, the solution seems not to be in front of the eyes.

Since last year's Shenzhou car, we have finally found that the merger and acquisition of state-owned shares is not a good way to create a bull stock. Moreover, it will create a lot of big stocks and make several big bull stocks. Before we could get enough money, it would trigger a stock disaster. The cost paid by the national team far exceeded the cash flow. This would like to let social capital go into the active stock market. I didn't expect social capital to be more cunning than Yukio. Finally, it was the money of the eldest son, which was not cost-effective.