new crypto in 2021 Top stories

On December 10, 2024, the A-share market opened sharply higher under the stimulation of multiple favorable factors. The three major indices collectively opened higher, with the Shanghai Composite Index opening 2.58%, the Shenzhen Component Index opening 3.66% and the Growth Enterprise Market Index opening 4.88%. However, the market did not continue this strong momentum, but there was a phenomenon of high opening and low going. At the close, the Shanghai Composite Index rose 0.59%, the Shenzhen Component Index rose 0.75% and the Growth Enterprise Market Index rose 0.69%. This trend deviates from the market expectation of "opening higher and going higher", which shows that the market has gradually returned to rationality after experiencing initial excitement.Sector differentiation: Although about 2,900 stocks in the whole market rose, the performance differentiation of the sectors was obvious, with humanoid robots and other sectors leading the gains, while cultivating diamonds and other sectors leading the declines. This differentiation led to the lack of unified upward momentum in the market.

Rapid release of market sentiment: After the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting released a positive signal, the market's expectations for policies have been fully reflected in the high opening of the market. With the rapid release of positive sentiment after the opening, the market lacked further impetus, which led to the decline of the index.Rapid release of market sentiment: After the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting released a positive signal, the market's expectations for policies have been fully reflected in the high opening of the market. With the rapid release of positive sentiment after the opening, the market lacked further impetus, which led to the decline of the index.Cautious attitude of funds: Although the market opened higher, the turnover of the whole day was 2.2 trillion yuan, which was 565.7 billion yuan more than that of the previous trading day, showing the cautious attitude of funds at a high level, and some funds chose to take profits.