A-Shares Rose After Falling Last Week And The Us Dollar Index Still Has Room To Increase

Published: Apr 4, 2023 13:08
Source: SMM
Advisors believed that under the expectation of economic recovery, A shares will enter the medium and long-term bull market. The continuous interest rate hike and the recent US banking crisis are important interference factors for the market.

SHANGHAI, Apr 4 (SMM) - Advisors believed that under the expectation of economic recovery, A shares will enter the medium and long-term bull market. The continuous interest rate hike and the recent US banking crisis are important interference factors for the market. So far, foreign capital has flowed into A-shares substantially, actively adding long positions in Chinese assets. The Shanghai Composite Index runs at 3,200-3,300 points, and the GEM continues to swing, showing that the current market divergence is relatively serious. Over the weekend, Italy announced to block ChatGPT, and the United States officially released the "White List of Power Batteries", which together restricts the ChatGPT market in the A-share market and the rebound in lithium battery prices. However, the Science and Technology 50 Index has entered a technical bull market. Amid the intensive disclosure of annual reports, the high-growth and high-allocation stocks are expected to strengthen. Overall, A-shares are expected to fluctuate upward.

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