Hexun Investment Advisor Wang Yu: The index remains volatile with no major risks

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The broad market fell broadly in line with the overnight news flow from overseas markets, with overseas stocks generally taking a sharp downturn. This also caused our market today to open lower and slide lower; there was basically no meaningful rebound during the session. In the end, it closed down sharply. As Wang Yu, an analyst with Hexun Investment Consulting, notes: the hope that everyone had just rekindled yesterday felt like it was extinguished again by the market today. Of course, another reason for the market decline is that since the morning the broad market has been steadily pushing up on reduced volume—there was no volume and momentum—so the market ended up experiencing a significant pullback. But I believe it’s not very realistic for the market to keep falling continuously; at least for now, my view remains that the broad market will continue trading in a range between 3,800 and 4,000 points.

(责任编辑:王刚 HF004)

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