The Shanghai stock index continued to adjust, closing down 0.33% to close at 3341.55. The market volume continued to shrink, with a total turnover of 468.4 billion yuan. The industry sector generally fell, while the real estate sector suffered a heavy setback, leading the two cities down; defense sectors such as medicine and wine showed strong performance.
In theory, the real estate sector is the last performance in a cycle plate, especially in the stock market cycle. We will not talk about the truth. Anyway, in terms of the large cycle, the performance of real estate performance is the result of last year's sales. Because their calculation lags behind, the statistics of real estate performance are different from other companies. It is not the current calculation, it is the quarterly settlement, so the good performance of real estate this year is actually a reflection of last year.
1. As far as the Shanghai index is concerned, because bancassurance took the lead in the adjustment of big finance, the current price is relatively low, and the securities companies' stocks, especially the large securities companies, have not seen a significant rise. Therefore, as long as the big financial sector does not have the risk of a sharp fall, then the Shanghai stock index will not be a big event.
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