Analysis of the six major reasons for the sharp correction of the stock market (2009-08-14)

(Information source: Guotai An Market Global Financial Information Analysis System)

According to the Guotai'an Marketlink Global Financial Information Analysis System, the mainland stock market has recently retreated sharply, and the Shanghai Stock Index has dropped from 3471 points on August 4 to 3140 points on August 13; the Shenzhen Stock Exchange Index has fallen from August 4 13904 points fell to 12802 points on August 13th.

According to the analysis of Ningbo Haishun, the main reasons for this large correction are as follows:

1. The market itself needs to be adjusted. After a half-year rise, it is also normal to see a decline. The index rebounds by 100% and then hits 10% of the space. In theory, it is possible;

2. The economic data is lower than expected. According to the July economic data just released, the fixed asset investment and the added value of the industrial enterprises above designated size in July were significantly lower than market expectations. In addition, China ’s new credit in July plummeted by 77% , And led to a sharp decline in the growth rate of fixed asset investment in July, also showing that monetary policy "fine-tuning" has begun to affect the A-share market;

3. The fund has no money to enter the market, and the current market comments indicate that the position of the new fund has quickly reached more than 90%, and the fund has "done out of food";

4. The fund is faced with redemption pressure. During the index pullback, a lot of fund redemption pressure was also seen outside, so to a certain extent it will also exacerbate the possibility of the fund falling;

5. The external stock market began to weaken and oscillate, which also hindered the strength of the future market index and the recovery of the external economy to a certain extent;

6. Increase in stamp duty.

For more information, please refer to the Cathay Pacific Financial Education Group Cathay Pacific Education Service Network Contact E-mail:

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