A-share Mavericks will not follow the decline of US stocks

A-share Mavericks will not follow the decline of US stocks
U.S. stocks plummeted on March 9th, and public opinion even described it as “bloodwashing” in horror.Judging from the closing of US stocks in the early hours of Beijing time, the decline in US stocks is indeed very large, and the three major indexes have fallen more than 7%.Among them, the Dow Jones Index plunged in 2013.76 points, a decrease of 7.79%; Nasdaq index fell by 7.29%; S & P 500 fell by 7.60%.Due to the drop of more than 7%, the S & P 500 index triggered the first layer of fuse mechanism after opening and suspended trading for 15 minutes.This is also the second time that the US stocks have been triggered by the dating fuse mechanism.The plunge of U.S. stocks cast a shadow on A-share investors. Investors worried that A-shares would also chase U.S. stocks and plunge together, but A-shares performed strongly on March 10. Although the A-share index showed a volatile trend in early trading, the intraday decline was relativelySmaller, did not follow the plunge of US stocks, closed continuously, and closed up across the board.It can be seen that A shares refused to follow the plunge of US stocks, which is actually an expected thing. The expectations faced by A shares afterwards are very different from those of US stocks.There are three main reasons why US stocks plummeted.The first is the spread of the new coronary pneumonia epidemic worldwide, which has caused panic among American investors.Recently, the epidemic has been better controlled to some extent, but it has spread rapidly abroad. South Korea, Iran, and Italy have become the hardest hit areas.The epidemic situation in Italy has expanded to many European countries, France, Germany, Spain and Spain.As far as the continental United States is concerned, the number of confirmed cases every day in recent days may increase by hundreds of digits.It is especially important that the number of cases in the United States has increased or the number of people tested has decreased, the speed of detection has decreased, and the data is even the result of the “uniform caliber” report. How the real situation cannot be determined.And the US government’s awareness of the prevention and control of the epidemic is weak, and even advises the public not to wear masks or buy masks.Including the President of the United States, he still believed this way: “Last year 3.70,000 Americans die from the common cold, an average of 2 each year.70,000 to 70,000 people (infected), nothing is closed, life and economy continue.At this moment, there were 546 confirmed cases of New Coronavirus and 22 deaths.think about it!”In fact, the US government’s attitude towards the epidemic is more terrifying than the new coronary pneumonia itself.This inaction has itself exacerbated the panic among American investors about the epidemic.This is the primary reason for the recent plunge in the US stock market.The price, the collapse of US stocks on March 9, was also related to the collapse of international crude oil prices earlier that day.As Saudi Arabia and Russia reduced the resulting crude oil collapse, Saudi Arabia significantly lowered the price of oil to sell off. The crude oil sold to Western Europe was reduced by US $ 8 per barrel, and the crude oil sold to the United States will be reduced by about US $ 7 per barrel in 4 months.The price of oil fell by 4-6 US dollars per barrel.The decline in international oil prices has caused chaos in the international financial market in the short term and triggered panic in the market.For American energy companies, this constitutes a direct impact.Third, the US stock market has experienced a bull market for nearly 11 years. The exchange between the bull market and the bear market is an inevitable. Therefore, when the US stocks plunge, investors will naturally panic and want to flee. After all, who is the investor?He is also unwilling to put himself in a high position.It is this fear of the arrival of a bear market that has exacerbated the plunge in US stocks.But the reason for the sharp decline in US stocks does not exist for the A-share market.First of all, in terms of the impact of the new coronary pneumonia epidemic on the market, the A-share market has passed the period of fear.As of February 3, the Shanghai Composite Index plunged 229.92 points, a drop of up to 7.72%, this decline is not inferior to the Dow on March 9th.It can be said that the A-share has experienced a period of panic.And from the perspective of prevention and control of New Coronary Pneumonia, under the great attention of governments of various countries, the transformed epidemic situation has been effectively controlled, and the Chinese are no longer panicking.From the perspective of the decline in international crude oil prices, it is actually a “benefit” for some.Because crude oil is a major importer of crude oil, the external dependence of crude oil is as high as 72%. Therefore, the collapse of crude oil prices can save the cost of crude oil imports. This is a good thing.Moreover, the oil price in the domestic market is generally stable and has the resistance to overcoming the fall, which has little impact on the three major oil giants.Therefore, the plunge in international oil prices does not have much impact on A shares.In addition, whether the US stocks are bullish to bearish is not a concern for the A-share market.The US has gone through a bull market for 11 years. A-shares have not been bullish. A-shares have been in the process of adjustment, and the index has been in the mid-hill position.Therefore, U.S. stocks should worry about falling from a height, but A-shares need not have such worries.Just like this morning’s A-share market, after some shocks, the stock indexes of both the Shanghai and Shenzhen markets turned red at the close of the morning market, and eventually closed across the board. This is the maverick A-share market.A shares go their own way, let US stocks fall!Pi Haizhou (financial commentator) editor Chen Li proofreading Li Shihui