He Xun Investment Advisor Chen Xiaojun: A-shares Launch Major Counteroffensive!

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Today, hundreds of A-shares hit the daily limit, with 5,100 stocks rising. HX投顾 Chen Xiaojun analyzes that the current period may be a relatively low point in the medium term for the A-share market, and the recent deep correction has created a good opportunity for deployment. After this adjustment, mainly influenced by external factors, the risk in the A-share market has been further released, and valuations are also at relatively reasonable levels. Although today’s rebound was on low volume, once market sentiment rises, it tends to generate collective momentum, and technically, an oversold rebound has appeared. Of course, the resistance above the Shanghai Composite Index at 3,900 points still exists. Due to external uncertainties, the short-term trend remains somewhat uncertain and prone to fluctuations. The recent counter-trend rally has been led by the power and green energy sectors, especially the main theme of electric power synergy, which remains very strong. Keep a close watch on these developments.

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