The volume of the B-share index declined today, and historical data shows a reversal signal for A-share deposits
GLONGHUI, August 31 | According to the Shanghai Securities Report, the B-share index fell in volume today. The biggest drop was more than 5%, and finally closed down 4.90%. In the middle of the session, the volume of many B shares declined. By the close, Lujia B shares and Dynamics B shares fell to a halt, while Guoxin B shares, E Zi B shares, and Kaima B shares plummeted by more than 7%. Industry insiders said that the sharp drop in B-shares usually occurs when A-share transactions are sluggish and a market reversal is being prepared. According to statistics, since 2016, there have been 10 cases where the B-share index fell by more than 5% in a single day. The biggest drop was on February 3, 2020, when the B-share index fell 9.77%. After that, A shares
Express News | SSE B share index fell by 7% in the afternoon.
WHAT HAPPENED? Many stocks rose collectively at the end of the session, and foreign investors bought nearly 14 billion dollars
The adjustment results of many indices such as the MSCI China Index officially came into effect after the market, and many stocks such as China's Shenhua, Yuantong Express, Junshi Biotech, and Guangzhou Automobile Group rose at the end of the session.
2021 ranking of the world's top 100 luxury companies
LVMH Group, Kering Group, and Estée Lauder Group ranked in the top three. Also in the top ten are Richemont Group, L'Oréal Luxe, Chanel, ESC, PVH Group, Hermès, and Chow Tai Fook Group.
Yitai B shares: loss of 151 million yuan for closing futures from January to September 2021, loss of 16 million yuan for 2020 closing futures
Yitai B shares said on the investor interaction platform on November 22 that all the futures held by our company are the assets of Yitai Co., Ltd., with a capital of about 200 million yuan as of September 2021. The loss of closing futures from January to September in 2021 is 151 million yuan, and the loss of closing futures in 2020 is 16 million yuan. At present, the company's futures are mainly hedging operations, and the profits of hedging operations are considered in terms of spot comprehensive profits.
Global Equities Roundup: Market Talk