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However, after the high opening, it went low, and it was still so large. This also shows that the repair of market confidence has not been completely completed. Some main players and retail investors, when they saw the rise, rushed to ship, leaving their bags in safety, which is essentially the existence of speculative psychology.References:

China galaxy Securities said that with the accelerated implementation of the stock policy and the introduction of a package of incremental policies, the economic fundamentals are expected to show a gradual improvement trend. The policy expectation of "stabilizing the property market and stock market" will help boost investors' confidence and protect the long-term healthy development of the A-share market. Looking forward to the market outlook, A shares are expected to fluctuate upwards.The market generally expects to support the opening of the A-share market.However, it fell sharply after opening higher, and then fluctuated within a narrow range. At the close, the Shanghai Composite Index rose by 0.59% to close at 3,422.66 points. Shenzhen Component Index rose 0.75% to close at 10,812.58 points; Growth enterprise market index rose 0.69% to close at 2264.05 points; The Science and Technology Innovation 50 Index rose 0.75% to close at 1010.91 points.

References:Going high and going low, the mood of most investors is like a roller coaster, lost in thought. From the reason of high opening, it is nothing more than the emergence of favorable policies. At the heavy meeting on December 9, the meeting pointed out that the moderately loose currency next year; Boost consumption and improve investment efficiency.Upstream news. Review | The three A-share indexes opened higher and went lower, and the turnover of the two cities exceeded 2.2 trillion. December 10, 2024.