He Xun Investment Advisor Chen Hualin: Global Panic, Will There Be a Bigger Crash Next Week?

On March 20th, Hexun Investment Advisor Chen Hualin stated, will the market continue to plunge or even crash when it opens next Monday? I’ll be direct: A-shares are about to undergo a “big change”! If you are indifferent to this week’s decline and unprepared for today’s sharp midday drop, the upcoming market movements may make you regret it. Before next week’s opening, be sure to prepare mentally—today, the three major indices surged then pulled back, and in the afternoon, they plummeted, with the Shanghai Composite dropping nearly 50 points in a single day, filling the gap completely; the Shenzhen Component Index rose over 1% during the day but turned red at the close, hiding a secret behind it. Market sentiment has hit rock bottom—is this a sign of a second bottom or a signal of a shakeout followed by a strong rally? No need to guess; the answer has already surfaced.

Here, Shaoxian Lin sincerely apologizes: today’s market did not follow my predicted recovery pattern but instead closed with an even larger bearish candle. I focused on macro analysis but overlooked the impact of quantitative funds, combined with the overnight U.S. stock market’s weaker-than-expected recovery, leading to a misjudgment. I was wrong, and I accept all criticism—if your criticism helps you vent, feel free to comment openly. But after criticizing, please be more tolerant; I am human, not a god. I will correct mistakes promptly and will not delete videos or evade responsibility like some do, nor will I boast when I am right. I will give all my followers an explanation.

Back to the market, today’s A-shares surged then pulled back. The morning was normal, but in the afternoon, the decline continued, and the 4,000-point level was once again lost. What happened globally? The answer is simple: Although the Federal Reserve kept interest rates unchanged at the meeting, Powell’s hawkish remarks hinted at a possible short-term hike in neutral rates, causing panic in global markets, with U.S. stocks falling for two days; meanwhile, Qatar’s natural gas facilities in the Middle East were attacked, energy prices surged, oil prices soared, and global stock markets came under pressure. The combination of these two major events caused the early recovery to collapse under quant funds, panic selling erupted, and the trend became strange. Is this the start of a new decline or a prelude to a reversal?

After two hours of in-depth review, Shaoxian Lin gives a clear answer: it’s far from the time to bottom fish now; discipline remains the top strategy! Discipline was emphasized yesterday and again today: do not chase highs, do not hold heavy positions, do not stubbornly hold on, and cut losses promptly when the trend turns bad. As for the direction, sectors like photovoltaics, lithium batteries, and CPUs were strong in the morning but were hammered down in the afternoon—until the market stabilizes, it’s not the time to participate. When will we see the bottom? We need to observe which themes rise without being hammered down and show sustained momentum; only then will we consider deploying.

（Editor: Zhao Yanping HF094）

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