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#000300

000300

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乔巴的吃瓜笔记
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📌 Today, the A-shares market saw a sharp drop, and even the Shanghai-Shenzhen 300 Index’s 200-day moving average (the yearly line) fell by 2.18%... 🍖 Chopper says: This news is actually pretty painful. The Shanghai-Shenzhen 300 Index (000300.SH) has turned the yearly line green-to-red, which suggests the overall market is still in a losing position this year. After another big selloff today, market sentiment is definitely very bad, and I guess many people are struggling with whether they should run. I think panic isn’t necessary right now, but there’s no rush to bottom-fish either. Foreign capital and investors from South Korea are aggressively buying, which indicates that long- and medium-term funds think it’s cheap. However, the market bottom for the short term hasn’t been confirmed yet. The “policy bottom” is often not the “real bottom.” Compared the Shanghai-Shenzhen 300 with the CSI 500 (000905.SH): this year, small- and mid-cap stocks have fallen even worse. The Shanghai-Shenzhen 300 still has support from foreign capital, so it’s relatively more resilient and tends to decline less. Risk warning: After the yearly line breaks, if it can’t be recovered within three days, there may still be momentum for further downside—don’t go all-in in one shot. #000300 #000905 #A股
📌 Today, the A-shares market saw a sharp drop, and even the Shanghai-Shenzhen 300 Index’s 200-day moving average (the yearly line) fell by 2.18%...

🍖 Chopper says:
This news is actually pretty painful. The Shanghai-Shenzhen 300 Index (000300.SH) has turned the yearly line green-to-red, which suggests the overall market is still in a losing position this year. After another big selloff today, market sentiment is definitely very bad, and I guess many people are struggling with whether they should run.

I think panic isn’t necessary right now, but there’s no rush to bottom-fish either. Foreign capital and investors from South Korea are aggressively buying, which indicates that long- and medium-term funds think it’s cheap. However, the market bottom for the short term hasn’t been confirmed yet. The “policy bottom” is often not the “real bottom.”

Compared the Shanghai-Shenzhen 300 with the CSI 500 (000905.SH): this year, small- and mid-cap stocks have fallen even worse. The Shanghai-Shenzhen 300 still has support from foreign capital, so it’s relatively more resilient and tends to decline less.

Risk warning: After the yearly line breaks, if it can’t be recovered within three days, there may still be momentum for further downside—don’t go all-in in one shot.

#000300 #000905 #A股
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