ShouChuang Futures: A-shares Strong Rebound

On March 5, China’s A-shares began to rebound. The TMT sector rose across the board, while sectors such as oil and gas and shipping pulled back, and more than 4,500 stocks in the market advanced. The Shanghai Composite Index was up 0.84% at noon, closing at 4,116.77 points, and A-shares’ intraday turnover was 1.56 trillion yuan. In addition, sentiment in overseas markets improved: South Korea’s plan to support the market with hundreds of trillions of won has been launched, and Asia-Pacific stock markets have rebounded. Looking ahead in the short term, it’s bullish—suggest holding long positions. (Founder Futures)

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