Hexun Investment Advisor Liu Jinsuo: Market Has Begun Accelerating to Find Bottom, Adjustment Could End at Any Time

On March 23, Hexun Investment Advisor Liu Jinshuo stated that today’s Asian stock markets performed badly. To start with the main conclusion: today’s decline opened with a gap down, most stocks closed in the red, indicating the market has begun to accelerate its bottoming process and may end its correction at any time. From today’s volume surge, panic selling has emerged. For the index and many individual stocks, today might be the darkest day in recent times. Some stocks may continue to decline tomorrow due to inertia. After showing signs of stabilization, short-term rebounds are likely. However, some stocks may find it difficult to return to their previous prices during the rebound. As mentioned in the live broadcast earlier, stocks at relatively low or mid-low levels that haven’t surged much and were mistakenly sold off in this wave are expected to recover in the future after falling. Additionally, the index has reached around 3,800 points. At this level, further decline will likely attract institutional support. Therefore, although today’s sharp drop may cause panic among many, the more panicked we are, the more we need to stay calm. This is neither the last nor the first time such a decline has happened. As the saying goes, “The movement of the Dao is in opposition, the weak follow the Dao.” Understanding this profound wisdom will help you avoid pessimism.