Hexun Investment Advisor Gao Lulu Ming: Once again, an upgrade! Collective plunge! Will it fall next week?

Friends, please share the latest news about the external situation, which has escalated again. So, how much impact will this have on us next Monday? Currently, there are no signs of easing in the external situation, and as a result, international oil prices continue to surge, having jumped 6% yesterday at closing. Gold and silver have also seen significant increases. Additionally, major European and American stock markets experienced a sharp decline, especially as we observe that the average drop in the US stock market is about 2%. Our A50 index also took a plunge, down nearly 1%, and Nasdaq-listed Chinese concept stocks fell close to 2%. Given this news, the ongoing tension in the external situation will likely create negative pressure on our market next Monday, so everyone needs to be cautious next week.

The market has entered a critical position, and if it shows signs of weakness, it could very likely trigger another bottom-seeking action. Therefore, in this current market condition, we still need to guard against certain risks and manage our positions well.

(Editor: Shao Xiaohui)

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