Restore lost!The Shanghai Index returns to 3400 points trading recovery expectations

At 3400, I am back!

The two cities performed a low -end drama again today. In the early stage, the market can always be stubborn after the panic falls. Investors have cultivated strong thinking. Today, the early searcation of the early trading was enthusiastically bought and entrusted. The Shanghai Index closed back to 3,400 points, and the transactions of the two cities exceeded trillion yuan.

The sufficient trading volume reflects investment confidence, and confidence comes from good expectations for economic recovery. After a series of heavyweight policies landed, the central bank continued to release loose signals to the market. In an interview with China International Television, the governor of the central bank clearly stated that monetary policy will continue to work hard to support the economic recovery. At the same time, it must also use structural monetary policy tools such as SMEs and green transformation.

The total amount is in front of the structural currency tool, and the arrangement of this wording is quite meaningful.

Echoing with Yi Gang's speech, the central bank's public market operation also changed the operation method of hedging in the early stage. On June 27, the People's Bank of China launched a 7 -day reverse repurchase operation of 100 billion yuan. On the same day, the reverse repurchase expired 10 billion yuan and achieved a net investment of 90 billion yuan.

There is a waterproof waterproof inside, and there is hot money from the outside. The northbound funds were 4.6 billion yuan today. Earlier, the net inflow of 13.359 billion yuan on June 15th was refreshed the highest record since June.

Looking at the global market, where can I get hot money?

The US market stocks were double -killed, and the Fed's eyes had only inflation and had no time to take care of the stock market bond market. The European market was affected by Russia and Ukraine's conflict. Natural gas prices soared, and inflation pressure was not as small as the United States.

Asian countries are deeply plagued by the Federal Reserve's interest rate hikes, and capital outflows have occurred. Recently, foreign exchange reserves in many Asian countries have fallen sharply. As of June 17, Thailand's foreign exchange base has fallen to $ 221.4 billion, the lowest level in more than two years. At present, Indonesian foreign exchange deposits are at the lowest level since November 2020. The scale of foreign reserves in South Korea and India is also low in a year. The size of Malaysia's foreign reserves has declined since 2015, and the replica of the Asian financial crisis is looming.

At this time, A shares have moved against the trend and rose from 2800 points to 3,400 points.

Dongfang wants to know, Mo Daojun is early. The people who are not old all over the mountains are not old, and the scenery is unique.

Qingdao Finance Daily/Home Media Reporter Li Dongming

(The views in the article are for reference only, do not constitute investment suggestions, have risks in investment, and need to be cautious to enter the market.)

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