Quest after the collapse of funds surface "DNA" a covenant or already collapsed

Buffett has a famous saying, "Only when the tide receded, we know who is swimming naked." Apply this sentence in the recent A-share market more appropriate.

Last Thursday, the Shanghai Composite Index managed to find its biggest single-day drop during the year. Combing the relevant data, it found that the leveraged funds represented by the two financial coalescences were relatively calm with little fluctuation in the balance before the Great Earthquake. In the Shanghai-Shenzhen-Hong Kong Stock Connect, "Investors have turned the bow, want to bring victory fruit leave; and from the field of capital flow to see, to avoid the risk of liquor, home appliances leading at the same time, the small and medium-sized" de-leveraging "is also accelerating. Since October, under the premise that the macro-liquidity neutrality has not been reversed, the market center has once again risen sharply due to the incremental funding of "northward" capitalization, and the stock price of white goods with more capital focus has been hitched one after another A new high. However, the stock market is not only up or down the market, after the huge earthquake, the fund mentality inside and outside the venue is undergoing subtle changes.

Adjustment risk still needs to be released

Shanghai and Shenzhen depth adjustment last week. The Shanghai Composite Index dropped 2.29% throughout the day on Thursday, rewriting the largest one-day drop record for the year. The ChiNext index broke the down line and penetrated the position of the annual line last Friday. The Shanghai Composite Index continued its downward trend last Friday. In the volatile pattern, some funds held large blue chips, The SSE 50 index formed a support, but the big blue-chip represented by the White Horse is precisely the main line which led through the year. The cumulative increase has been considerable. Is to take the opportunity to continue to do more bargain-hunting, or send out the potential hedging, or short-term hype game trading opportunities? According to statistics on the relevant data, different types of funds each have different answers.