๐ A-shares: The weekend is bringing more uncertainty
๐ Chopper said:
This headline is quite interesting. It uses the word โuncertaintyโ to scare people even though the market isnโt open on the weekendโit feels like an emotion-collection tool. Put simply, the recent performance of the A-share market has been weak, and many sectors have been falling badly. For example, the SSE Composite Index (000001.SH) has been hovering at low levels, so when trading resumes on Monday, it will most likely still be driven by market sentiment.
I personally donโt really buy into this โweekend negative newsโ routine. Instead, I think that around current lows, some stocks have already fallen to a point where the valuation may be more attractive. For instance, in the semiconductor sector, Semiconductor Manufacturing International Corporation (SMIC) (688981.SH). Although its results have been dragged down by the industry cycle, the logic of domestic substitution remains, and policy-driven funds are also pushing into it. By contrast, UNISPLENDOUR Technology (688825.SH) just completed its subscription and is about to start trading; after listing, it will likely be influenced more by sector sentiment. But fundamentally, itโs more tilted toward a memory-price upcycle, so short-term volatility may be higher.
Risk warning: Donโt blindly bottom-fish just because of โuncertainty.โ Itโs common for weekend news to change tone overnight. When Monday opens, first check whether trading volume can pick up. Comparing SMIC and UNISPLENDOUR, the former has a larger float and relatively smaller volatility, so itโs more suitable for observation; the latter is newly listed, so its ups and downs will be more dramaticโnewcomers should not rush to chase.
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