Yuan devaluation suddenly became a concern for stock investors earlier this week, but now this issue is fading out of their radar, some bold investors are going back into the market, chasing hot concepts, but I don't think they would hold the shares for a long time.

Qi Yifeng

Categorized in : Industrials

Next year, there will definitely be a surge in share supply.

industrials

The market is in a downtrend. There's no good news, stocks are still expensive, and there's no fresh money coming in, with no RRR (reserve requirement) cut over the weekend, the market will directly head south.

industrials

Yuan devaluation suddenly became a concern for stock investors earlier this week, but now this issue is fading out of their radar.

industrials

The government has done its job, and the market is going back to its own tempo.

industrials

I don't see any change in the downward trend, it's only a matter of whether the market will fall more slowly, or continue to go south in a free fall.

industrials

It's just a matter of whether it will fall more slowly, or continue to slump in freefall.

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Investors are very clever, as soon as they got the signal that regulators don't want main indexes to rise too quickly, they dump index-heavyweights but continue to play small-cap stocks.

industrials