Last week 5, american stock market points to big 3 drop 4% the left and right sides, such, the whole world is main since this year the stock market drops in 30% the left and right sides. Under photograph comparing, a expression is a lot of more ambitious, on card index falls up to now this year for 10% .
So, since epidemic situation happening A relatively strong be accidental inevitable still? Prospective A be to fill to drop or continue strong? Our contrast analyses US stock, A and what appear on the market in the beauty is medium without exception, discover A tenacity is not accidental, having immanent cause however.
01
Stock of American half the number falls exceed an index
On March 20 Zhou Wu, 3 thumb count the US stock drop 4% the left and right sides, all with this year lowest closing quotation. From this, the whole world is main the stock market drops since this year in 30% the left and right sides, in American stock market, dow Jones index falls defeat 20 thousand a little bit to close greatly, the newspaper closes 19173.98 a little bit, drop since this year for 32.81% .
Dow Jones index year K line attempt
500 indexes newspaper receives mark general 2304.92 a little bit, drop this year for 28.66% .
Mark general 500 indexes year K line attempt
Na Sida overcomes exponential newspaper to close 6879.52 a little bit, drop this year for 23.33% .
Na Sida restrains an index year K line attempt
Up to on March 20, in European stock market, the 100 indexes when England is rich fall this year for 31.18% , french CAC40 index falls for 32.27% , german DAX30 index falls for 32.61% . In Asia-Pacific stock market, day drops this year via 225 indexes for 30.03% .
American stock market is leading sheep of global capital market, analyse US stock discovery, of American stock drop drop than the index actually bigger. With mark general 500 component of 500 indexes in light of, the stock that rises up to now this year has 13 only, occupy than for 2.6% , majority stock drops. Among them, 257 stocks fall more than 30% , occupy than close half, and mark general drops this year have 28.66% only, that is to say, half US stock drops exceed an index. 90 stocks drop more than 50% , occupy than 18% , that is to say, nearly two into stock share price already cutting sb in two at the waist.
the index falls be less than a stock, it is because of weight the biggest stock falls small, the stock with the biggest market prise of American stock market is apple and Microsoft, these 2 stocks fall this year it is respectively 22% with 13% , drop be less than an index significantly.
Line of K of month of malic share price pursues
The stock with additionally a few big market prise keeps balance this year like Yamaxun, Gu Ge drops 11% , these are science and technology, behave best Nai to fly to a company, this year is share price rises more 2% . Show science and technology performance is relative better, this also is Na Sida overcomes an index to drop a lesser reason.
Yamaxun attempt of line of K of share price month
Additional, supermarket company is like Woerma, good city to drop more very small. Expression is best is auspicious heart science, rise since this year 14% , the Ruidexiwei of this company is thought may new to cure coronal is pneumonic have better curative effect, still be at present in clinical trial. The stock that the US stock has behaved and A same, it is the concept that fight epidemic disease.
The US stock drops a big stock it is finance, include bank, insurance to wait, carry of Gao Cheng, Magendatong, United States is connected, Mei Longyin of Magenshidanli, new York bank of travel, United States drops be in 40% the left and right sides, drop group of a bigger Fu Guoyin travel, cosmopolitan insurance, beautiful flag drops more than 50% , american international group is to drop more 62% .
Still have board piece it is recreational industry, fox of Huatedishini, 21 centuries drops all exceed 40% .
Drop the biggest is oil and aviation, car board piece, car of Sen Meifu of general motors, Xue Folong, dust gram, Ford, Kangfeishi is oily drop more than 50% , the aviation that amount to the United States, United States aviation drops more than 60% , boeing drops 70% , fine time passenger liner drops 76% , a handkerchief strange oil drops 80% .
02
A in mixing without exception drop a lot of smaller
See A again, expression is far since this year good surround the market at US stock substandard. Up to on March 20, on card index drops this year 9.98% , deep card is become point to drop 2.69% , platelet index keeps balance in, do poineering work board the index rises 6.5% .
From look, the stock rises to make an appointment with 1400 since this year, rise stock scale is close 4 into, rise in the stock, besides the concept that fight epidemic disease, science and technology more, with the US stock it is consistent.
Drop in the stock, only 50 stocks fall more than 30% , among them 2 stocks fall more than 50% , that is to say, a drop a big stock occupy only 6% , drop with stock of US stock half exceed 30% to differ a lot of. Drop a stock of more than 30% is main also be oil, aviation, additional, finance drop bigger, basically be bank, safe, among them partial share falls more than 20% . We see A drop a big stock and US stock are in board piece going up is consistent, but drop less than the US stock half. Because these dropping a big stock it is weight, and center at Shanghai city, cause on card index falls exceed deep city.
If say A with the US stock it is two different markets after all, so, what look to appear on the market in the United States in light of us is medium without exception, because trade in same market, these stocks should be mixed it seems that American this locality performance is consistent, but actually, in without exception expression is close to A more, than American this locality a lot of stronger.
Network performance is quite good, among them, bi Bi, Beijing east store, taste only can rise since this year 3% , 8% , the biggest in without exception Alibaba, drop since this year have 14% only, spell great, Netease drop since this year it is respectively 11% with 7% , these Chinese networks expression and Yamaxun are about the same, fruit of good Yu Ping.
Alibaba attempt of lunar K line
Spell plan of line of great month K
Value disaster area aviation and oil again, in oil and southern aviation drop this year for 40% , drop be less than the United States identical board piece.
03
A stock market is filled with rate is low it is to fight drop main factor
The stock of comparative China and United States is behaved, can discover two Zhou Jiang situation and weak force board piece it is consistent actually, it is science and technology strong, finance, oil, aviation is weak, no matter,difference depends on A medium still without exception, all more fight drop, drop smaller.
Accordingly, a from board piece performance looks, did not break away from international stock market completely, still have a lot of consistency with the US stock. Fight drop, because,be A these stock appraise values are original very low, drop considerably hard, typical is the finance such as bank, insurance, city is filled with rate only 5 times, how to still drop greatly? So, a medium bank since this year drop on average in 15% the left and right sides, be less than American bank drop a half. Make from this A more fight drop.
On the press conference that held on March 22, meeting vice-chairman Li Chao shows Chinese card watch, market of our country capital compares stability relatively, fight risk ability stronger, the hidden danger of risk of reason profit from with less wave motion had obtained partial delay commentate gentle solution, at the same time also profit from is the following two elements.
It is from field of A stock market internal composition looks, the appraise of field of A stock market is worth now still is lower, the city that card put together points to on is filled with rate do not exceed 12 times, the city of 50 is filled with card on rate is lower, still be less than 9 times. 2 it is the macroscopical big environment that faces from field of A stock market will look, at present Chinese epidemic situation is prevented accuse with different level is in outside the condition, epidemic situation had gotten digestive stage by stage to the influence of field of A stock market, the go back to work of current business answer produce also accelerating advance.If what Vice-chairman Li Chao says, a stock market is filled with rate is low it is to be able to defy dropping main factor. This shows, this field of A stock market is shown a stronger tenacity and fight risk ability, be not accidental. So, can predict, although prospective periphery market continues to fluctuate considerably, a hard to avoid can get a few influences, but, what Vice-chairman Li Chao says no less than, foreign capital flow has to field of A stock market disturb, but not be to overturn the concussion of gender, essential sex.
Also want to see at the same time, although epidemic situation spreads to produce major impact to global stock market, but with respect to assistant like Chinese people bank president Chen Yu shows a character, conclude the whole world enters financial crisis to be vogue early. Look forward to of US stock future is firm also can anticipate.
Will look with Dow Jones index, developed col 10 thousand a little bit 1999, to 2009, path point to around concussion of 10 thousand bits of fluctuation dish rectified 10 years, 10 thousand bits of bases are very strong, drop answer 10 thousand a little bit unlikely. Path point to highest this year 30 thousand bits more adjacent, only a many month drops 10 thousand a little bit, drop to 20 thousand bits or so, callback go up a half, should say callback range is already similar. Future around 20 thousand bits dish of whole probability is bigger, because,point to rose to use 7 years from 10 thousand bits, but have 3 years at 20 thousand o'clock only merely to 30 thousand bits, apparent, 20 thousand bits of foundations special not solid, need has laid a foundation.
Once US stock look forward to is firm,rebound, so, a continue to walk out of prices to be worth to expect.
Golden coast atelier
Author | Lian Jianming
Picture | Network
Editor | Liang Qun
