News: Shanghai Stock Index Dropped More Than 100 Points &Nbsp, Lost 2600 Points

In May 17th, after 14 points in the financial sector, the Shanghai stock index again fell through the support of the 2600 pass, creating a new low since the adjustment in mid April, and then continued to seek support.

The market shows that the market's energy selling mainly comes from financial stocks and real estate stocks, and the insurance stocks such as China Ping An (601318) in financial stocks are much lower, which has greatly dampened the market's popularity, and the small cap stocks are becoming more active.

From the past trend, the continued downward trend of large cap stocks will lower the valuation focus of small cap stocks, thereby inhibiting its energy consumption.

Therefore, the short-term market is not easy to be overly optimistic.

As of 14:17, the Shanghai stock index reported 2585.31 points, down 111.51 points, Shenzhen composite index reported 9832.89 points, or 497.25 points.

In the two cities, only 50 stocks are red.

The 2600 point support is not as strong as imagined. The panic and irrational selling of the market have caused a sharp fall in the market today. For the current declining market, we are concerned about the trend of the heavyweight and the change of quantity. This kind of wall pushing and pushing is not enough. When the market is extremely pessimistic and fearful, it is often the bottom that comes. We must not blindly cut the meat and go out, and wait patiently for the formation of the bottom.