Main Force Trend
After the "5·12" Great Earthquake, despite policy support for stabilizing the market, the overall trend of the market remained weak. On May 20, the Shanghai Composite Index plummeted by 161 points, a significant drop of 4.48%. At that time, a large portion of the "4·24" major gap had been filled, and the market once again fell into an unfavorable technical situation with a bearish alignment.
However, data provided by the Shanghai Stock Exchange shows that institutional funds have been countercyclically accumulating shares. There have been net purchases over six consecutive trading days. This is worth close attention from investors.
Institutional funds have been net buyers for six consecutive trading days.
Data shows that after the Wenchuan earthquake...