China Shanghai and Shenzhen City Monday (January 22) continued to decline in the afternoon, over 5,000 stocks fell.The Shanghai Index fell more than 1%, and it lost 2800 points again.
As of 1 pm on Monday, the Shanghai Index fell 1.2%, the Shenzhen Index fell 1.51%, and the creation index fell 1.05%.Generally speaking, individual stocks show a general decline, and the decline in games, tourism, photovoltaic, retail and other sectors.
The Shanghai Index lost 2800 points last time was last Thursday (18th), when it fell to a new low since April 2020.
The financial community quoted Hua'an Securities pointed out that the market is expected to maintain weak operation, and market opportunities still need to maintain stronger patience and waiting.
Guojin Securities analysis said that the market has continued to adjust since the beginning of the year. On the one hand, economic data is not as expected, and on the other hand, the interest rate of medium -term borrowing facilities (MLF) remains unchanged, which is lower than market expectations.