Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#数字资产市场动态 Global stock markets fluctuate again: rebound opportunities under the support of weightings
Trade tensions surrounding Greenland continue to escalate, and last night, global capital markets followed suit with volatility.
During the US stock market holiday, European markets took a heavy hit—Stoxx index dropped 1.72%, Denmark’s stock market was even more dramatic, plunging 2.73%, with mainstream indices all turning green. This shockwave reached Asia-Pacific, where markets began to adjust consecutively. The Japanese stock market repeatedly pulled back from lows, South Korea’s market managed a V-shaped rebound mainly thanks to the storage chip sector, and the A50 futures index experienced six consecutive declines.
Early trading sentiment was somewhat chaotic, with both A-shares and Hong Kong stocks plunging. The Hang Seng Index once fell 0.74%, but stabilized by midday. The Shanghai Composite initially surged, then quickly dropped again, with the deepest decline at 0.82%, closing near 4101 points, with a midday decline of 0.3%.
The main driver of this rebound is quite clear—state-owned enterprises and other undervalued large-cap stocks are firmly defending the market, while tech stocks are under significant pressure, with some previously high-flying stocks experiencing panic selling. In the morning, trading volume across Shanghai and Shenzhen reached 1.85 trillion yuan, and many funds in the tech sector chose to take profits and exit during this adjustment.
In essence, this correction is due to excessive gains accumulated earlier, coupled with a cooling regulatory stance, naturally leading to a shakeout. The trade disputes between the US and Europe? They are loud, but from a fundamental perspective, there’s no new damage—just a disturbance in market sentiment. The medium-term positive trend remains intact.
In the afternoon, the Ministry of Finance held a press conference releasing new policies, which are expected to boost market confidence.
From a panoramic view, AI applications and the tech sector are the main battlegrounds for this adjustment, but the industry logic remains solid. The decline actually presents a good opportunity for bottom-fishing. The spring market turbulence is far from over, and there’s more to look forward to.