Weight led the decline, and New Year's popularity was hit
http://www.sina.com.cn 10:12, January 2, 2008 Sina Finance
GF Securities Wanbing
On the first trading day of 2008, although the two markets opened slightly higher in the spirit of welcoming the new, the adjustment of heavyweight stocks led the stock index to decline rapidly. At 10:00, the Shanghai Stock Exchange Index closed at 5224.31, down 37.25 points, and the Shenzhen Composite Index closed at 17560.80, down 139.82 points.
From the perspective of plate trend, Olympic Stimulated by the integration and development of large aircraft projects by AVIC I and AVIC II, but the trend of high priced stocks such as real estate, banks and nonferrous metals is exhausted, we have reminded investors on Friday to reduce their positions at the right time and celebrate the holiday with light positions. We also reminded investors in the morning of the "Risk Prevention Warning: Zhong Changming, Difficult and Optimistic Beginning of the New Year", "The regulation policy still forms a greater restriction on real estate and banking stocks, and the rebound of the weakest group in the market also indicates that the whole rebound is coming to an end." From the current trend, the market is almost certain to weaken again. Investors should strictly control their positions at the current point, and should not enter the market rashly. The market still faces a large space for adjustment.
Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.