The Stock Market Is Still Ups And Downs. Investors Can Not See Clearly The Future.

After 5. 3 thousand and 100, Changyang, only 6 days later, there was 6. 12 of the shade.

Many investors are still worried about the ups and downs of the market. They worry that the new round of collapse will start again.

However, judging from the result of a sharp fall in one step, a quick rebound and recovery, and only a small negative line were collected on Thursday's index, the stability of the market is growing. The reason behind this is that the positive factors of the market are increasing.

Next week's 2900 point rush is a major probability event, and is expected to impact on the 60 antenna 2931 points and the previous 2945 points.

But I still advocate that in the 2800 - 3200 shock box, the index is going slow, facing the British referendum in a low profile.

If the market has stepped back, it is a good opportunity to absorb potential stocks.

Striving for a dominant and hidden top-ranking high-tech stock to win the market, it is still king.

During the long day of the Dragon Boat Festival, Europe and America

Both Japanese stocks and Hong Kong stocks fell across the board and continued to plummet this week.

However, A shares only followed a steep fall on Monday after the long holiday, and then stabilized.

On Wednesday, when A shares were included in MSCI's failure, it rose sharply, from 2811 to 2900, which was only 27 points worse than 2927 points before the holiday.

This shows that the A shares' resilience and self repair capability are better than usual.

From the perspective of market structure, the platform at the bottom of the 2800 point has been tested again in the crash.

The five week moving average of 7 consecutive days before the holiday only fell for 2 days at the beginning of this week, and recovered 3 days.

This week, the Shanghai Composite Index closed at 2885 points, still pulling 25 points behind the 2860 points when President Liu Shiyu took office in February 20th, highlighting the market's "stable" character when the new chairman of the SFC took office.

In terms of volume, the 3 days after this week were 573 billion, 593 billion 800 million and 570 billion 400 million respectively, returning to the level before the festival.

From the technical indicators KDJ, the Japanese K-line index decreased from 95 to 45 before recovering to 51, while the weekly K line index dropped from 60 to 30, and then rebounded to 38.

From the K-line form, the Japanese K-line experienced 1 and a half months around 2850 points and a narrow range of shock finishing, and the weekly K line and the K-line appeared the convergence state of 5 waves falling from 5178 points, like a ball falling from the high altitude, several times bouncing, and the elasticity became smaller and smaller, lying on the ground.

This may indicate the end of a year's stock market crash.

More than a month ago, Goldman Sachs has predicted that the probability that A shares will be included in MSCI will rise from 30% to 70% this year, thereby rapidly enhancing the good expectations of investors in the spot and futures markets at home and abroad.

However, the Central Bank of China issued a reminder in time: "we should treat A shares as a MSCI in a normal mind".

It can be seen that the central bank understands that this year's A share is unlikely to be included in MSCI.

It is learned that the two main reasons why A shares are not included in MSCI are:

First, the anti competition regulations were not met.

Xie Zhengbin, director and managing director of MSCI Research Asia, has said that anti competition regulations are the bottom line for MSCI.

If the anti competition regulations are not satisfactorily resolved, A shares will not be able to join the MSCI index.

He also bluntly said that MSCI Ming Sheng had discussed the issue with mainland exchanges for a long time, but there was no breakthrough.

At present, domestic regulators implement restrictive measures for derivatives related to A shares, and the financial products containing A shares need to be approved by the Shanghai and Shenzhen Stock Exchange, even if products are only issued overseas.

Two, as Zhang Jun, managing director of the Rosen Blatter securities company of China and Zhang Jun, director of China regional research, said: "it is because the phased development characteristics of China's A shares are large and the regulatory mechanism needs to be improved."

On Wednesday morning, the securities and Futures Commission responded: "China is already the second largest economy in the world, and the international influence of the A share market is gradually improving. Any international index without China's A shares is incomplete.

The decision to delay the inclusion of the MSCI Ming Sheng company will not affect the process of China's capital market reform and opening up, and the direction of marketization and legalization.

The Xinhua News Agency published "China has no need to adjust specifically to join the MSCI". It pointed out: "if some of the requirements of MSCI are temporarily beyond the current development stage of A shares, there is no need to join them in order to join them.

On Thursday, the people's daily also published the article that "small and medium investors make a significant contribution to China's capital market", fully affirmed the positive role of small and medium-sized retail investors in A shares, emphasized Chinese characteristics, and strongly responded to the idea of "exterminating retail investors" by some people at home and abroad.

The position of the management and the two authoritative media is to adhere to the principle and strive to protect the interests of the Chinese stock market and investors. It is also full of confidence, and it is worth gratifying for the vast number of investors.

Statistics show that the 10 billion level private placement has accelerated the issuance of new products in the past two months, and long-term funds have been continuously flowing into the stock market with private managers.

At present, there are a total of 21 tens of billions of private placement. These private giants have basically released new products in the first half of this year.

In May, the 12 tens of billions of private placement issued 29 new products, including 5 investment products and warm current assets, and 5 products from Bodao investment and freshwater spring investment respectively.

In April, 22 new products were launched, including 9 investment projects such as Expo investment, poly investment, Peng Yang Investment and Chongyang investment.

In March, there were 6 new products issued by 4 private placement companies, including 1000 capital, rosefinch investment, Chongyang investment and Peng Yang investment.

In February, 8 tens of billions of private placement issued 17 new products.

In particular, the SFC issued a new regulation that qualified private equity funds could apply for public fund licence and public offering fund raising. At the same time, pension funds and social security increment funds were also in the state of being ready to enter the market at any time. The central bank also gave the US 250 billion RQFII quota at one time.

These are of great significance in introducing long term funds to the stock market and strengthening the strength of institutional investors.

Not long ago, the central inspection team criticized the SASAC in the feedback of special inspections. The reform of state owned enterprises is slow, and the reform is systematic, targeted and timeliness is not strong enough.

The SASAC Party committee accepted criticism and heard the news.

As Minmetals has recently been incorporated into the pilot of state-owned capital investment and operation company, the 10 round of reform pilot has again become a hot spot of market concern.

Recently, the reform of state-owned enterprises has been accelerating.

In June 2nd, China Minmetals Group and China Metallurgical Group held a reorganization conference.

This is the key substantive step taken by the two world's top 500 central enterprises after reorganization and integration following the announcement of the strategic restructuring of the State Council in December 8th last year.

On the 14 day, Li Pumin, Secretary General of the NDRC, said at a news conference that reforms such as the pilot reform of mixed ownership reform are being pushed forward and will be fully pushed forward after July.

I believe that the reform of central enterprises is likely to be a breakthrough in the market.

For example, the small cap shares of the central enterprises have been publicly pferred to 100% of the largest shareholder of the state-owned shares. 13 trading days have not yet announced the successful bidder, and the share price has started from 17 yuan, up 10 yuan, or nearly 60%.

Its strong demonstration effect of money making is not only setting up price guidelines for Shanghai trade and three Ai Fu, which are still being suspended, but also for the pfer of large shareholders' shares, and will stimulate the upcoming 10 major pilot stocks of central enterprises, as well as the low price Shanghai and local state owned reform stocks with a price of only 10 yuan.

On Friday, the SFC announced that it would modify the management of major asset restructuring, aiming to cool the concept of fried shell.

I think the move is more favorable for the state owned enterprise reform led by the central and local SASAC.

Because the index weights of central enterprises and state-owned enterprises are relatively large, once these stocks are fully launched, the contribution to Shanghai stock index will be relatively large.

Before the holiday, the market closed for 7 days at 2900 points.

The reason why we failed to continue the upside was to go down in a steep way. There is an important reason: the singleness of the market's hot spots - the new shares.

For example, when the 10 to 29 of the Chinese branch reached 336 yuan, the first venture of the newly listed shares was sold to 38.68 yuan, and the market value was 73 billion 100 million, far exceeding the stock price and market value of most brokerage stocks.

After 2 p.m. on Monday, due to the limit of the two leading sheep new shares, plus the limit of small and medium sized index stocks such as LETV, storm technology and Dongfang fortune net, the stock market was down and the more than 200 stocks were down, and the gem and the small and medium board fell 6% and 5%.

However, after the collapse and the neutralization, the new hot spot came to the fore. That is the call of the national science and technology conference to "take high-tech as the weapon of the country" and the leading stock of China's leading quantum communications in the world, represented by the three powers and the Zhongtian Technology. The rise of the trend led to the comprehensive rise of the real high-tech stocks, such as quantum communication, artificial intelligence, new energy power, and industrial 4. Together with the new shares and the state-owned shares pfer concept stocks, the power of multiple hot spots broke out, which effectively stimulated the popularity of the market, attracted the entry of foreign funds into the field, and enlarged the volume of pactions, pushing the market to hit 2900 points again.