Mar 12, 2021 06:18 PM (GMT+8) · EqualOcean
Huang Yanming, director of Guotai Junan Securities Research Institute, said that the decline of the market did not come from the reduction of people's basic expectations, but from the upward expectation of capital interest rate in the financial market and the deterioration of the micro trading structure of group stocks. Therefore, the reason can not be found from the fundamentals of industry companies, but from the financial market and transaction structure. For the aftermarket, to maintain the trend of volatility, stocks represented by overvalued leading stocks need to shake sideways in the future to digest the pressure of chip concentration and valuation.