Previously, the longest record that the turnover of Shanghai and Shenzhen stock markets continuously broke through one trillion was 49 trading days, which happened from July 21 to September 29, 2021.Institutions are all slowing down cattle.Basically, the fundamentals are not good.
Slow cattle marketThe world of hot moneyAccording to the report of the Oriental Wealth Research Center, the turnover of Shanghai and Shenzhen stock markets reached 2.2 trillion yuan on December 10, and since September 25, the turnover has exceeded the trillion mark for 50 consecutive trading days, which has set the longest record in history.
However, it is difficult to attract hot money relay at a low price.During the period when the turnover continuously broke through one trillion, the cumulative increase of the Shanghai Composite Index appeared seven times, and the cumulative increase as of December 10th was 19.54%, which was the biggest increase.The mechanism was thrown high in the first round.