Lates News

On the morning of December 23, although the A-share index performed well overall, the micro-cap stocks experienced another round of selling pressure after the sharp decline at the end of December 22. The number of stocks rising in the entire market was once below 1,500. In other words, the style still focuses on large-cap stocks. Specifically, there may be three major variables: First, at the end of the year or the beginning of the year, the performance of micro-cap stocks may not be ideal for a period of time, which may be related to the liquidity structure. Second, the recently hot commercial aerospace sector suddenly plunged in intraday trading, affecting market bullish sentiment. Third, there are reports that ByteDance plans to invest $23 billion in artificial intelligence, which provides support for AI-related sectors. As a result, market style may be directed towards computing power and other big technology companies again. (China Securities)