1. Today, the volume of A-shares dropped, and the turnover exceeded 2 trillion, but the market fell by more than 2 points.2. Why is there a big drop in volume? This phenomenon is obvious:Is it a coincidence that the national implementation of personal pension fund investment expansion began on the 15th, just next week?
The Ministry of Finance issued a document to implement the preferential policy of personal income tax for personal pensions nationwide, which mentioned that in the investment link, personal income tax will not be levied on the investment income included in the personal pension fund account for the time being, which is to encourage personal pension funds to actively invest in the market.If there is a callback, the volume will generally drop, and then the index and the amount will fluctuate less and less, and the mood will become more and more calm.From the point of view of quantity, the decline in volume and panic selling by some people also indicate that some people are undertaking against the trend, but after the fall of 3400 points, the trend will fall into a new shock to find the bottom, which is not conducive to the rapid recovery of confidence.
If it stops falling and stabilizes next week, where will the market go?Third, after the policy vacuum period, the fear of funds is, so a large number of funds choose to leave and rest.The inclusion of personal pension funds in index products this time means that about 6 trillion yuan can be invested in major indexes in the A-share market.