"Chinatown"-Official media of Chinese Australians

In the bull market, A-shares are gaining momentum. Since the beginning of this year, the Shanghai Stock Exchange Index has risen by more than 40%. According to statistics from Flush, only 140 of the 2547 A-share stocks in the market in the first four months of this year fell.

In the hot market like the sun, stockholders "difficult to make money or not". In the first four months of this year, the country’s per capita profit from A shares was 1.4 yuan. From a regional perspective, Shanghai was the best, with a per capita profit of 15.64 yuan, followed by Beijing, with a per capita profit of 8.02 yuan.

99.5% of stocks rose, Beijing and Shanghai stockholders are the best

Flush data shows that in the first four months of this year, 99.5% of stocks rose, and 98.9% of stocks outperformed the annualized yield of bank deposits.


With the vast majority of individual stocks rising, stockholders can make a lot of money by buying stocks with their eyes closed. According to statistics on the profitability of A shares in various regions of the country, it is found that from January to April this year, the national average profit from A shares is 1 yuan.

The best stock speculators are the investors in Shanghai and Beijing. The per capita profits of the two places are as high as 15.64 yuan and 8.02 yuan, ranking the top two in each region.

In addition to Shanghai and Beijing, the per capita profits of Zhejiang, Guangdong and Jiangsu are also relatively prominent, with 3.69 yuan, 2.9 yuan and 1.84 yuan respectively, ranking third, fourth and fifth respectively.

Investor confidence index has been in an optimistic range for 6 consecutive months since June last year

The results of the Investor Confidence Survey released by the China Securities Investor Protection Fund showed that the investor confidence index of China's securities market reached 4 in April, a sharp increase of 65.2% year-on-year and a decrease of 26.6% month-on-month. Investor confidence remained optimistic. Since the beginning of this year, although the investor confidence index has fluctuated slightly, it has always been at a high level. The investor confidence index has been in an optimistic range for eleven consecutive months since June last year.

In terms of sub-indices, the domestic economic fundamentals and domestic economic policy indexes fell by 6.3 and 5.3 respectively from the previous month, and the international economic and financial environment index fell by 4.3; the market optimism and the market resistance index fell by 8.7 and 4.4, respectively, and the market rebound index rose slightly by 0.1. It was basically the same as last month. The buying index fell sharply from the previous month, down 10.1 from the previous month; the stock valuation index dropped slightly by 0.1 this month. It is worth noting that the stock valuation index has fallen slightly for three consecutive months and is strong in the broader market. In the process of upward volatility, investors have become more cautious about stock valuations.

In April, the dividend of the reform policy continued to be released. Under the background of maintaining relatively ample liquidity, the financing balance, securities client settlement funds and the number of new account openings continued to grow, reflecting a new round of large-scale incremental funds actively entering the market. On April 4, the Shanghai Composite Index finally closed at 4 points, a cumulative increase of 27% compared with the closing price of the last trading day in March, setting a new closing high since February 4527.40, 3. Although the A-share market is expected to rise further in the future, the impact of weak macroeconomic and corporate earnings data in the first quarter on the future trend of the market cannot be ignored. The possibility of phased market adjustments will further increase, and investors should remain cautious. It can be seen from the results of the April survey that investor sentiment tends to be optimistic, and at the same time, they are also wary of possible correction risks for the broader market.

From this point of view, the big adjustment in mid-May has been foretelling, but because the investor confidence index has continued to be in the optimistic range, the A-share market has continued to rise strongly after the big adjustment, which can be described as "the adjustment is healthier."

This article extracted from the "Beijing Youth Daily", author: Wu Linlin

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Shock! A set of magic numbers reveal that the market peaked at 7500

As of May 5, the market recorded 22% of the largest weekly gain of A shares this year.

With 23 new shares subscribed for last week, the market can still achieve the same volume and price, setting new highs repeatedly, which shows the popularity of A shares. After the market reached a new high on May 5, the majority of investors have more confidence in the stock market. Popularity increased greatly. The theory of 22 points began to clamor again, and all kinds of guesses were endless. How high will the bull market in this round be? Regarding this huge subject, Xuanyuan dared not make any guesses, but taking the 07 Daniel as a lesson, from a historical point of view, there is a set of numbers that might tell when the market will peak?

Everyone knows that all indicators and graphics in the stock market can be distorted, but trading volume and trading volume cannot be faked. During the period from 07 to 4000 on the Shanghai Stock Exchange Index in 6124, the changes in trading volume and turnover in several typical time windows, and finding out the law from them, seem to be able to find the answer to when the current round of market peaks.




From the above data, it can be shown that the index is constantly setting new highs, but the trading volume is constantly shrinking. As long as the market's trading volume of 85713 million has not been refreshed, according to the law of change in 07, once the market's trading volume has shrunk to half of it- About 42000 million yuan, the turnover decreased to about 8000 billion yuan, it is very likely that the market peaked.

Of course, with the continuous increase of new shares and the continuous expansion of the Shanghai Stock Exchange, the total trading volume will increase accordingly. The trading volume of 85173 million may be refreshed, but this can only be used as a basis for now. As the stock price increases, as long as the turnover does not increase significantly (maintained at around 1.1 trillion), the turnover will continue to shrink, and the turnover of 85173 million will be difficult to break through. Refer to the market in 07 and be more optimistic. The market will use 4217 points as the base, and then rise by 70%. Therefore, without major changes, the market may peak around 7500 points.

Of course, the world changes with time, and the stock market also changes impermanently. The changing laws of these numbers cannot be copied or copied, although it seems a bit far-fetched. No matter when the market peaks? However, when the market volume really shrinks to 42000 million, it must arouse everyone's high degree of vigilance. It seems that it is still far away. The above viewpoints are nonsense and are for reference and reference only.

Article reprinted from Sohu.com


Go to the "Chinatown News" Fcebook page and click like, you can know the latest Australian ๑play, ๑immigration, ๑life information anytime and anywhere ☆✿~
"Chinatown" WeChat subscription account is now available, allowing you to keep track of more updated Australian information every day
WeChat subscription account: news-china-com-au