Hexun Information Chen Xiaojun: A Hundred-Point Long Rally! Will the A-shares Experience a V-shaped Reversal?

April 8th marks a 100-point bullish surge in China’s A-share market! Driven by easing-positive news from overseas, the Shanghai Composite jumped more than 100 points in a long bullish rally; the Shenzhen and ChiNext indices directly approached a 6% gain. So where will the market go next? Could this lead to a V-shaped reversal?

According to HeXun Information’s Chen Xiaojun, today more than 5,000-plus individual stocks rose; trading volume has basically already broken 2.45 trillion yuan. With volume and a blowout rally, once again there were a hundred-plus stocks hitting the daily limit; the pattern replicates the rally after the incident involving April 8th last year involving “Guan.” As we said, the leadership still depends on technology. In other words, the offensive comes down to the tech line. Among that, applications in computing power, CPUs, and AI have all triggered a surge of limit-up streaks. Semiconductor and chip stocks all collectively pushed higher; the screen is full of red. You could say today’s market has given everyone reassurance—the A-share market has sounded the call to counterattack. The V-shaped reversal is certainly worth expecting. However, there’s still a two-week cooling-off period in between; we can’t rule out some back-and-forth. But at least the fact that trading volume is expanding indicates continuity.

(Editor: Shao Xiaohui)

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