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Juncheng Financial Intelligence | Large volume! Rising? A-shares are expected to stabilize in the afternoon

2024-08-27

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Today, Juncheng Financial found that the A-share market experienced significant fluctuations. Near the close, the trading volume of 500ETF and 1000ETF rose sharply, driving a significant rebound in sectors such as photovoltaics and liquor, and multiple stocks also rose accordingly.

The market fluctuations this time were mainly manipulated by Huijin, rather than retail or regular institutional investors. The market operation strategy has changed from protecting the 300ETF to increasing holdings of the 500ETF and 1000ETF. This strategy adjustment indirectly promoted the stock market's rebound. Although ETFs are frequently traded, the funds invested in ETFs will also be allocated to related constituent stocks in proportion, which has an important impact on the overall performance of the market.

Juncheng Financial Intelligence | Large volume! Rising? A-shares are expected to stabilize in the afternoon

Large volume! Pull up?

Juncheng found that the significant increase in trading volume indicates that the market is actively rising, and some investors' chips have been re-collected. Why is the market particularly active this year, rather than last year or the year before? Juncheng Financial Quotient pointed out that this year is the sowing period. Although there are differences of opinion, Huijin's investment strategy cannot be ignored, and the core strength of the market is becoming clearer.

The rebound of liquor and photovoltaic sectors suggests that track stocks may become the main direction of future rebound. At present, the 500ETF and 1000ETF have fallen the most, and these funds cover a large number of track stocks. The market value of photovoltaic and medical fields has fallen from hundreds of billions to tens of billions or even tens of billions, with a drop of 80% to 90%.