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Favourable Information factors continue to accumulate, public sale is optimistic about the future market of A-shares.
Jin10 data reported on August 14, that on August 13, the A-share market performed strongly, with the Shanghai Composite Index reaching a high of 3688.63 points during the session, breaking through the intraday high of 3674.40 points on October 8, 2024. The market saw significantly higher trade volumes, surpassing 2 trillion yuan. Some public sale institutions stated that since July, favourable information policies have brought expectations of improvement on both the supply and demand sides, combined with high-risk preference funds such as margin trading and speculative capital accelerating into the market, resonating with public sale, insurance funds, and foreign capital, continuously forming a combined force of incremental market funds, driving the index pump. (China Securities Journal)