The global stock market has fallen sharply, and experts believe that A shares have a strong foundation

The global stock market has fallen sharply, and experts believe that A shares have a strong foundation
On March 12, the global market was spent in a panic. It seemed that Xiao Bian started to wake up in the morning. It seemed like how many stocks were on hand. In fact, Xiao Bian did not even have an account.How terrible is this day?Let’s start with US stocks entering a technical bear market last night and see what happened on this day.US stocks entered a technical bear market in the early hours of March 12, Beijing time, US stocks plunged, the Dow Jones index fell 1464.94 points, a drop of 5.86%, entered the technical bear market, the three major stock indexes once fell into the bear market.At this point, US stocks began on March 9, 2009, the longest bull market ever ended.There is a word here that needs to be explained, that is, “technical bear market”, the editor is also temporarily holding the Buddha’s foot, now learning now selling.The so-called “technical bear market” means that the stock index has dropped more than 20% from the recent high point, and it can technically replace the establishment of a bear market.On the above trading day, the Dow Jones Index closed at 23553.22 points is equivalent to a record high of 29551 set on February 12.42 points, down 20.3%, breaking through the critical point of the technical bear market.At the end of the day, the three major U.S. stock indexes closed again and fell sharply: In addition to the Dow Jones index, the Nasdaq fell 392.20 points, a drop of 4.70%, reported to 7952.05 points; S & P 500 index fell 140.85 points, a drop of 4.89%, reported 2741.38 points.The Cboe change rate index (VIX) relative to the degree of market panic rose 14% to 53.90 o’clock.The long-term historical expectation of the index is about 19 points.On March 11, 2020 local time, New York, United States, the US stock market forecast that day.When the “flaming” flames of US stocks burned, the surrounding markets wore wolves.On that day, the Brazilian stock index resumed trading after the meltdown, and once fell 10 during the day.2%.Finally, the Brazilian BOVESPA index fell by 8.5%, this year has fallen 27%.The situation in Canada, the United States’ neighbor, is not optimistic. The S & P / TSX index of the stock market closed down into a bear market, which was 20% lower than the previous February 20.Why do US stocks fall off a cliff?Yang Delong, managing director of Qianhai Open Source Fund, said that the spread of the epidemic overseas and the collapse of international oil prices have become a catalyst for the peak of US stocks.He also believes that another factor in the peak of US stocks is that the risk of the US economic recession is increasing. This epidemic has increased the interests of investors. On the contrary, the marginal utility of major tax reductions for listed companies is decreasing.The stage of growth may come to an end, which will inevitably lead to a peak in the market.Yang Delong said that according to the experience of US stocks, the decline of 20% is generally called the bull and bear dividing line. If it falls below 20% and does not pull back, it means that the bear market trend confirmation will reduce the possibility of further 20%.Experts said this, which exacerbated the editor’s sense of tension.The “flaming” flames of US stocks in the global market have made such a big uproar that markets such as the Asia-Pacific region have also been “scared” by waking up on the morning of the 12th.Opening on March 12, the Australian Composite Index opened lower and went lower, and the decline soon exceeded 2%; the Nikkei 225 index opened and fell 2.29%; Hong Kong’s Hang Seng Index opened down by 2.27%; A-share Shanghai index opened lower 1.09%, GEM index opened lower 1.49%; Dubai stock index fell 7.5%; Qatar benchmark stock index opened down 6.4% . Intraday, the Australian S & P / ASX200 index fell 7.6%, the largest intraday drop since October 2008; the Nikkei 225 index closed down 4.41%, a new low since December 2016; South Korea’s KOSPI index closed down 4.05%, the lowest since the end of August 2015; the Hong Kong Hang Seng Index closed down 3.6%, a drop of more than 20% from the high point of April last year, entering a technical bear market.Panic continues to spread, and the stock market seems to be the domino that was pushed down by others, and it has also continuously created “maximum” and “new low” records: the Philippine stock index fell 10%, the largest decline since October 2008; the Indian NSE index was 1On the 20th, the high fell by 20%, and it is about to enter a bear market; the Thai benchmark stock index fell to 10%, triggering a trading suspension; the Saudi TASI index fell sharply at the opening 4.5%; Pakistan’s stock index fell sharply, triggering a market trading suspension mechanism.Around 4 pm Beijing time, major European stock indexes fell across the board, and the German DAX index fell 5.7%, the British FTSE 100 index fell 5.1%, the European Stoxx 50 index fell 6.26%.In less than an hour, the German DAX index, the French CAC40 index, and the European Stoxx 50 index all expanded to more than 7%, and the Spanish IBEX index fell nearly 7%.At almost the same time, the MSCI Global Index fell 20% from its February peak and is about to enter a bear market.The in-depth adjustment of the global market does not seem to be over. As of press time, the three major US stock index futures all fell by more than 5%.Local time, March 12, 2020, Tokyo, Japan, the display shows the Japanese stock market data for the day.Expert: A-shares have a solid basis for rising. Let me just talk about A-shares. Global panic sentiment is inevitably transmitted to A-shares.Opening in early trading on March 12, the Shanghai index opened lower 1.09%, GEM index opened lower 1.49%.Masks, medical devices, banks, etc. opened higher, and consumer electronics, semiconductor chips, agriculture, communications equipment, etc. fell in the forefront.The Shanghai and Shenzhen cities weakened unilaterally throughout the day, with individual stocks performing sluggishly, with only more than 500 stocks drifting red. Agriculture, medicine, nonferrous metals and other sectors led the decline. Near the end of the day, new infrastructure directions such as data centers and 5G were sought after.The pulse anti-packet board, Fiberhome Communications once approached the daily limit, Austrian flying data rose sharply.As of the close, the Shanghai index fell 1.52% reported 2923 points, the Shenzhen Component Index fell 2.31% reported 10941 points, while the ChiNext fell 2.64% reported 2045 points.Some industry insiders said that among the 5% or even 10% declines in the surrounding markets, the performance of the three major A-share index declines at 3% can be described as strong.Yang Delong also predicted that 2020 will be a year when U.S. stocks are down and A-shares are up.He believes that when the US stocks, Europe, Japan and South Korea stock markets have undergone major changes, the A-share market can get out of the independent market.Yang Delong further explained that in the long run, the collapse of US stocks is conducive to investors profiting from US stocks and entering A shares to bargain. In addition, the rise of A shares itself also has a relatively good foundation. The base of A shares is low, and the Shanghai Stock IndexIt is still at 3000 points. Although it has risen to more than 5,000 points in the middle, the bubble has now been fully released and the overall market is low.Coupled with the fact that household savings are shifting from the property market to the stock market, this is also the driving force behind the A-share bull market.Yang Delong said that U.S. stocks are at the top of the 10-year expansion cycle, while A-shares are at the bottom of the 10-year cycle. This is the most important factor in the relatively large differences in the trend of Chinese and US stock markets.Seeing the experts saying this, the editor was entangled in whether to sell the house to copy the bottom.Sauna Night Editor Zhao Ze Proofreading Li Ming