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Why did China's stock market earthquake cause the market to shock?
First, the market has recently risen significantly, and the profits have been quite large. Yesterday, the market actually showed a clear rise and fall.
Second, peripheral Chinese assets fell sharply last night, while domestic listed companies also saw a large-scale reduction in their holdings.
Thirdly, in terms of capital supply, the People's Bank of China (PBOC) conducted a 7-day reverse repurchase of 61 billion yuan today, with a bid interest rate of 1.50 percent, unchanged from yesterday. Today, 196.5 billion yuan of reverse repos are due.
According to media reports, some of these young investors are just 18 years old this year. They are carrying 5,000 yuan earned from summer jobs and are ready to actively enter the market. Some people lost money in the fund boom three years ago and are full of confidence in this wave of stock market boom. Some people, led by their 30-year-old investor father, have been exposed to the market early. Their father told them, "The capital market will have great development in China in the future." $BNB $ETH $BTC #Moonbix #EIGEN、OP、ENA大额解锁 #FTX赔偿计划 #币安LaunchpoolSCR
Hong Kong Stock Market: The V-shaped reversal in the securities market is mainly due to the change of central policy, which changes market expectations and greatly enhances people's confidence. The market has the effective support of policies, funds and relatively low corporate valuations to rise by 10% to 20% at the current point. $BNB $BTC $ETH #HBO纪录片或揭示中本聪身份 #美SEC对Ripple案裁决提出上诉 #Bitwise申请XRPETF #美国失业率创6月以来新低
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