After China announced a series of macroeconomic data, foreign capital accelerated the selling Chinese stocks.Some Chinese media said that the low -valuation advantage of Chinese A -shares is very obvious. It is a rare high -quality asset. Foreign capital "ignores A shares today, and will make them high tomorrow."
The Beijing Business Daily, a subsidiary of Beijing Daily, published a comment article on Friday (August 25), saying that the Chinese stock market has recently appeared in the "3000 -point defense war" concern, but these concerns are actually unnecessary.Because "stocks and sectors that still make money below 3,000 points, 6000 bull markets are still losing money."
The article states that the index and stocks are not index determining stocks, but the stock decision index. The index is only a value that reflects the rise and fall of the stock price. It is not necessary to pay too much attention.important.In addition, from the technical trend, 3000 points have no special significance except for an integer. "You don't have to care about the gains and losses of 3000 points too much, it is no different from the gains and losses of 3017 points."
The article also said that some technical group investors' gains and losses in a specific point of the Sector Vedicis believe that falling below a certain point is broken, but now this technical indicator is completely unprepared in the A -share market.EssenceSome foreign capital flows out of A shares and suffer from losses of the index, but in the end they will regret it. When you want to come back, you must pay a higher price.rise".
After the official China officially announced the decline in consumer, manufacturing, and import and export data, investors, enterprises and consumers' confidence in China's economic prospects declined, and foreign capital began to accelerate the selling Chinese stocks.
According to the Financial Times on August 17, after calculating the trading traffic of the Shanghai -Hong Kong Stock Connect and Shenzhen -Hong Kong Stock Connect, it was found that the Political Bureau of the Central Committee of the Communist Party of China released signals to support the economy on July 24, although althoughDriving foreign investment to purchase more than 54 billion yuan (RMB and about S $ 10 billion) Chinese stocks, but it has almost been sold out now.
As of Friday afternoon, the Shanghai Stock Exchange Index has fallen to 3064 points.
