On the first trading day of February, A-shares adjusted, institutions said that the spring market is still worth looking forward to.

On February 2, the A-share market experienced a correction on the first trading day of February, with all three major indexes falling by more than 2%. Leading the decline were sectors such as gold and jewelry, storage, industrial metals, and phosphorus chemicals. Over 4600 stocks in the entire A-share market fell, with over 120 stocks hitting their limit down. In terms of funds, market sentiment is cautious, with a net outflow of over 53 billion yuan from the main funds in both Shanghai and Shenzhen. Analysts believe that there are many constraints on the rise in risk appetite before the holiday, but the core driving factors for the start of this spring rally have not fundamentally changed. The win rate is expected to increase after the Spring Festival, and any market correction may become a new opportunity for positioning. In the short term, the market is likely to remain volatile, with the spring rally expected to continue after the holiday.