Class A shares a sudden change

On July 9th, today morning, the three major indices of class A share once rose and fell, and the Shanghai index dropped to 2904 points during the session. It is worth noting that some wide-based ETFs have experienced heavy volume. Near the noon close, many 1000ETF transactions surged, and the southern CSI 1000ETF, Huaxia CSI 1000ETF, and Guangfa CSI 1000ETF half-day turnover exceeded yesterday's whole day. The total turnover of the above three ETFs exceeded 2.20 billion yuan. Among them, the southern CSI 1000ETF turnover was close to 1.30 billion yuan, while yesterday's whole day was less than 800 million yuan. For the market outlook how to run, Huatai Securities researcher Wang Yi and others, the recent lack of new variables in the market, policy expectations are low, but the index level downside risk or more limited, the current class A share risk premium implied by the domestic real estate sales conservative expectations, US dollar index expectations or have formed an overshoot, the capital side, valuation side, policy side together indicate the mid-year calendar or can still be expected.