What can be questioned about this trend? More than 3,000 stocks rose for two consecutive days, with more than 150 stocks trading daily.Have you noticed a phenomenon in today's session?For a while, A-shares were very strong, and Hong Kong stocks began to pull back. But now the Hang Seng Index has also started to fluctuate and rise above the 60-day moving average. The three major markets, A-shares, Hong Kong stocks and A50 index, rose collectively today, which is a manifestation of bull power.
I think this is a good thing, because for top funds, the greater the market differences, the easier it is for them to operate.Second, the expansion of personal pension fund products, which was implemented nationwide on the 15th, boosted market confidence.
The high probability that bears dare not smash the market is also worried that there will be policies that exceed expectations. Some bulls have obviously begun to enter the game.The expansion is mainly included in the national debt or index products, but for the capital market, this is trillions of incremental funds. Although more index products are invested, the index constituent stocks also benefit, and the long-term major weight indexes also benefit. Therefore, it is also very likely that the index will go out of a stable upward trend in the later period.At the critical moment, the brokers ignited the market sentiment. After everyone's confidence in doing more came, the big consumption relay rose, and the big finance stabilized the index.