This week's trends have been intense. $SSE Composite Index (000001.SH)$ Basically, it is a flat disk arrangement and operation, $Chinext Price Index (399006.SZ)$ The decline is slow, and the market for Hong Kong stocks is similar to that of A-shares. $Hang Seng Index (800000.HK)$ Basically flat, $Hang Seng TECH Index (800700.HK)$ Slowly falling. The main reason is that the main contributor to the technology sector is the software internet and medical sector. The sharp correction this week dragged down the decline in the technology sector, while the rise in financial real estate and the largest Chinese capitalization stocks held back the main board index from falling much.
Last week, the G general meeting just said they wanted to downgrade, and this positive news was immediately realized after Friday's market. The banking, insurance and real estate sectors downgraded earnings, which saw a rise in the last two trading days of last week. Although the downgrade for these sectors is beneficial in the medium term, this expectation has already been fulfilled in the short term. From a technical point of view, not far above it has reached a high point two or three months ago, so there is also a risk of a pullback in the short term. Those that haven't kept up with these sectors before are also advised not to chase higher and wait for the low point to lay out the middle line after the pullback.
The medical sector and Xinchuang, which were the strongest in these two months, are still recovering, so the GEM index is showing a downward trend. These two sectors should not get involved in the short term; continue to wait for a long-term opportunity to get involved; don't be impatient. The precious metals midline is also upward, but the short-term trend is not...