Shanghai Composite Index closed down four losing streak

Chinese stock market Shanghai Composite Index retreated to retreat late Monday, ending with a four-day decline. Analysts pointed out that over the weekend, management has repeatedly issued new regulations and other heavyweights policies. In the early morning today, the market continued to vent its negative sentiment. The index fell more than 1% once, but the stock index stabilized and gradually rose in the afternoon. Late red turn up, but investor sentiment remains cautious.

Analysts also said that the introduction of new regulations on asset management has a limited impact on the stock market. Before the guidance was introduced, the securities industry started to regulate itself in line with the new regulations on asset management. In addition to affecting investor sentiment, the news was negative for the stock market The effect has been weakened. In addition, the state-owned shares transfer program of social security is clear, the proportion of listed companies involved in the pilot less, and the possibility of social security is not realized, so the current impact on the market is not large. The company is located in:

Shanghai Composite Index closed at 3,392.40 points, up 9.49 points or 0.28%. Shanghai A-shares posted a turnover of 228 billion yuan today, down nearly 3% from the previous day's 313.34 billion yuan.