000938

📌 Shrinking volume over 500 billion! How will A-shares move? Still watch tech?丨Xu Dao Market Watch

🍖 Qiao Ba says:
Today, the A-share trading value is about 500 billion yuan less than the previous day—shrinkage is pretty obvious. The SSE Composite Index is hovering around roughly 4,000 points. Tech stocks that surged earlier now feel a bit unable to push higher.

For ordinary investors, shrinking volume means people don’t dare to buy, and the wait-and-see sentiment is heavy. In the tech sector, funds are still flowing into names like Unisplendour (000938), but the sector is splitting—companies with solid performance, such as those related to AI chips, can still hold up, while stocks that were just chasing hot themes may pull back.

The risk is that if trading volume keeps contracting, tech stocks could fall further. Compared with Cambricon (688256), Unisplendour benefits from state-backed ownership plus cloud business support, so it’s a bit more resilient—but be careful about chasing at high levels and getting trapped.

#000938 #688256 #A股