The Shanghai Composite Index again surpassed the 3600-point mark. Can it hold steady this time?

On August 5, the index showed volatile trends, with the main board slightly stronger. The Shanghai Composite Index once again climbed above the 3600 point mark in the morning session, can it effectively hold this level? Xia Lijun from Hexun Information pointed out that the market continues to oscillate upwards, with hopes of reaching a new high for the year in August. Jin Jun from Shenzhen Qianhai Bohai Fund believes that the market is entering an adjustment period as expected, with a focus on oscillating within a range. Qian Qimin from Shenwan Hongyuan Securities stated that the market continues to consolidate in a range.