How much more will A shares fall? Why did A shares fall sharply?

According to statistics, before and after the National People's Congress and the National People's Congress over the years, A-shares generally show the opposite trend, that is, if ** is in a state of adjustment before the meeting, the probability of the stock index ** after the meeting is larger.

This also means that the policy framework will exceed or fall short of expectations, which will be held in the critical year of comprehensively deepening reform, and will become a key factor affecting the future of A-shares.

According to the summary and analysis of the hot topics of the proposals and proposals of the two sessions in the past 10 years, six traditional focus topics, including ecological and environmental protection, social security and pension, medical reform, income distribution reform, education investment, agriculture, agriculture and land reform, are expected to become hot topics in the market driven by policy expectations.

At the same time, in the two sessions, the reform of state-owned enterprises is undoubtedly the most noteworthy highlight. A comprehensive reform in this area will provide a huge space for imagination in the A** field. CIFM** is more optimistic about the positive effects of a series of policies to benefit the people, and believes that there are investment opportunities worth grasping in the three major sectors of consumption, health and culture, which are highly related to people's livelihood.

Gui Zhiqiang, the proposed manager of China Investment Morgan Livelihood Demand, said, "Overall, the A** field is expected to remain active under the theme of reform in 2014. Combined with the fact that the capital market itself will enter a period of accelerated change, we are optimistic about the full-year performance. (**: State Street Investments).

If you are more than 600, you will cry, it is recommended to leave**, this bowl of rice is not something you can eat.

Falling there is an afterthought that bank stocks will not be hopeless this year.

No one knows that these 2 tickets will not lose in the medium term. Hold it for now.

That's pretty much it, there's no need to wait**.

If you still buy a plate as big as a bank, it will be difficult to go up.

Personally, I believe that the following factors have led to the sharp drop in **.

First, the reason for the ** itself.

** represents a company, the company's situation, will affect ** or **, and the company's situation is the fundamental factor that determines **long-term or long-term success.

1. ** performance declined. This factor will lead to a rapid increase in the stock price, and the performance is bad news.

2. ** performance loss. Losses are worse news than declining performance, and if a ** announces a loss, the stock price will plummet.

3. ** represents the company, there is a risk. If the company's executives are punished by the regulator for violating the law, it will lead to the stock price**. If the founder of the company, due to physical or unexpected reasons, dies suddenly, it will also lead to a ** share price.

If there is a major safety accident in the company's production, it will also have an adverse impact on the stock price.

Second, the reasons of the industry.

Each ** is a representative of an industry, if this industry, there are some problems or risks, this ** will also be affected by the industry, and **.

1. The growth rate of the industry has declined sharply. When the industry's revenue growth rate is substantial, as the industry's top companies and companies, it is impossible to avoid, causing a decline in their own performance and a decline in stock prices.

2. Safety accidents occur in the industry. Many years ago, in the melamine incident, there was a large number of milk production enterprises at that time, including Yili shares, Mengniu and other companies.

Third, the reasons for the policy.

When the policy supports the direction of development, it will also drive the stock price. However, when the policy is strict, many stock prices will, just like in June 2015, when the leveraged funds were investigated, causing the stock price to increase.

Fourth, **** and life.

This is a very normal thing, just like in our lives, there will always be some difficulties and pains. If we stand high and look far, no matter what **, no matter what pain, it will always pass.

The main reasons for the recent sharp fall are that the Federal Reserve is expected to accelerate interest rate hikes, and second, the turbulent international geopolitical situation, you can learn about hot information and trends through Huatai's one-stop wealth management platform - "Shangle Wealth Pass".

Because the a** field is not very good now, there has been a ** situation, so it will fall sharply.

Because the impact of the industry is relatively large, A-shares will appear significantly with the decline of the industry.

In fact, every ** ticket will have a big rise or a big fall, but now the other ** is still better, but A shares have fallen sharply.

The main reason is that the country has formulated a new policy, which is the double reduction policy, so the recent sharp fall in A-shares.

The reason why it will fall sharply is because of the impact of the double reduction policy, especially in education, which is very obvious, so when buying ** these days, you must avoid these**.

Because the number of people who bought this ** ticket is relatively small recently, and the situation of **** is also more serious, and then there are more people who sell, and the market ** is not good.

Because the state has issued a double reduction policy, it will have an impact on **.

Economic reasons. The economic development is not very ideal, which will directly lead to everyone's desire to invest is not high, after all, they are afraid of losing money, and the stock price will fall if there is less money in the market. The pre-holiday market is too fast, and the accumulation of a large number of profit orders is the main reason.

The role of raising funds for listed companies is that the issuance of funds can collect idle scattered funds in the society into a huge production capital to meet the large amount of funds required for production. Huatai**'s one-stop wealth management platform - "Fortune Pass" provides a wealth of investment and wealth management courses, welcome to learn.

At least until the end of the year, you should think about the rest first.

The question is that it is necessary to think about it. 23

The maximum drawdown of A-share ordinary** is 10%, and the maximum drawdown of ST-shares (specially treated**) is 5%.

There are also some ** that have no limit on the rise and fall of the first day of listing, as follows:

1. The first day of listing of new shares (**shall not be higher than 144% of the issuance** and shall not be less than 64% of the issuance**).

2. Share reform** (S starts, but not ST) to complete the share reform, the first day of resumption of trading 3, the day of additional issuance** listing.

4. After the share reform, if the expected indicators are not reached, the day of listing will be 5, the day of resumption of some major asset restructuring, such as mergers, 6, and the date of resumption of listing.

The price limit refers to the fluctuation range of the current day's transaction on the basis of the previous trading day's price in order to curb excessive speculation and prevent excessive market surges. The highest limit price that rises to this limit is the upper limit, and the lowest price up to this limit is the down limit. The price limit is a measure to stabilize the market.

Overseas financial markets also have measures such as market circuit closure measures and suspension of trading, speed limit trading, special systems, restrictions on application and transaction price levels, adjustment by experts or market intermediaries, and adjustment of trading margin ratios. China's ** market is commonly used in three measures: price limit, suspension of trading and adjustment of trading margin ratio.

The one-day decline of A shares is limited to 10%, and the maximum decline will not exceed.

The capitalization rate was stable in 2017 and fell to a historical low in the first half of 2018, and the valuation level of the capital market became a relative low in history.

In the first half of 2018, only 10% of the companies were positive, and the average growth rate of the first quarter performance was as high, and the listed companies gradually returned to the state of historically low valuations, maintaining a capitalization rate of 60%, and the investment price of the market was leaking with losses.

Further information: ** (stock) is a part of the ownership of the joint-stock company, and it is also a certificate of ownership issued by the joint-stock company to each owner in order to raise funds as a certificate of holding Congshen shares and obtaining dividends and bonuses. **It is a long-term credit instrument in the capital market, which can be transferred, bought and sold, and shareholders can share the company's profits with it, but also bear the risk caused by the company's operating errors.

Each share** represents a shareholder's ownership of a basic unit of the business. Every public company will issue a **.

Each copy of the same category** represents equal ownership of the company. The size of the ownership share of the company owned by each owner depends on the proportion of the number of shares held by the company in the total share capital of the company.

** It is a component of the capital of a joint-stock company, which can be transferred, bought and sold, and is the main long-term credit instrument in the capital market, but the company cannot be required to return its capital contribution.

** It is a certificate that the owners (i.e. shareholders) of a joint-stock enterprise (listed and unlisted) own the company's assets and interests. The listed ** is called tradable shares, which can be freely traded on the ** exchange (i.e., the secondary market). Unlisted shares are not traded on the exchange, so they cannot be freely traded, and are called unlisted tradable shares.

This ownership is a comprehensive right, such as participation in shareholders' meetings, voting criteria, participation in major decisions of the company, receipt of dividends or sharing of dividends, etc., but also the risk of operating errors of the company is shared.

** is a valuable **, is a share certificate issued by a joint-stock company to investors when raising capital, representing the ownership of its holders (i.e. shareholders) to the joint-stock company. ** is the abbreviation of share certificate, which is a kind of value issued by a joint-stock company to shareholders as a shareholding certificate in order to raise funds and obtain dividends and bonuses. Each share** represents a shareholder's ownership of a basic unit of the business.

**It is a component of the capital of a joint-stock company, which can be transferred, bought and sold or pledged for a value, and is the main long-term credit instrument in the capital market.

In terms of impact, the U.S. dollar is generally negatively correlated with U.S. dollar most of the time, mainly because both the U.S. dollar and U.S. dollar are reserve assets of central banks. If the dollar strengthens, it weakens the price of gold, and then **may**. The unknown external situation and the commodity** of commodities have once again caused the market's worries, which have been greatly disturbed by the spread of sentiment.

With the ** of overseas technology stocks, the technology sector of Hong Kong stocks and A-shares is also the whole **, which has suppressed the market.

There may still be opportunities in the market outlook, but short-term adjustments are inevitable. The main reasons are:

1. Cash out the profit funds and leave the market。Earlier, **fast**, accumulated a large number of profits. Social security **** Chinese Life, Bank of Communications, etc., issued a signal of phased adjustment.

After the lifting of the ban on the GEM, some companies concentrated on the announcement**, which also drove the early profit funds to leave.

Second, the world economic recovery is full of challenges。The IMF** is now set to shrink the global economy, and the World Bank is more pessimistic, expecting the global economy to contract. At present, the global epidemic situation is still worsening, and the prospects for international cooperation in fighting the epidemic are not optimistic, which has a great negative impact on economic recovery.

3. Major shareholders**. Earlier, many shareholders of enterprises have announced the first announcement, which can cause a cooling effect on the market, in fact, a share is too fast is not healthy, need better adjustment to continue, there will be more shareholders in the future, a healthy market and excellent companies are not afraid of shareholders.

Fourth, there is a large outflow of northbound funds. In fact, during this period of time, the amplitude is very large, especially some**, the amplitude has exceeded 30%, many institutions have begun to take profit and leave, but the trading volume has been maintained at about one trillion for 1-2 weeks, and the turnover rate of the gem has been maintained to more than 5% for many consecutive days, which means that there are funds flowing in and out at the same time, and the long and short have been in the duel, but on Friday to reach a unified direction, half a day crazy to sell more than 10 billion, northbound funds are weather vanes.

Final Summary:Now investors need to have confidence and patience in the market, although the external factors are not clear now, but the trend of domestic A-shares has gradually become clear, in recent years, the implementation of the science and technology innovation board and the registration system of the gem means that the A-shares are becoming more and more perfect, which takes time to practice, so now to get the core value, do not worry too much about adjustment.

A shares, B shares, and H shares are classified according to the English alphabet. A shares are denominated in RMB, issued to citizens and listed in China**; B shares are denominated in US dollars and Hong Kong dollars and are issued to foreign investors, but are listed in China**; H-shares are Hong Kong dollar-denominated domestic enterprises issued and listed in Hong Kong**. They are referred to as N-shares, S-shares, and T-shares, respectively.

Due to the different pricing and issuance targets of A-shares, B-shares and H-shares, domestic investors obviously do not have the conditions to speculate on B-shares and H-shares. In addition, it is worth mentioning that B shares listed on the Shanghai Stock Exchange are denominated in US dollars, while **B shares are denominated in Hong Kong dollars, so the stock prices of the two markets are quite different. According to the requirements of the Securities Regulatory Commission, the abbreviation must be unified.

1. Norms. It is believed that with the further development of **, the titles of A shares, B shares, and H shares will become history.