Title: Market Fluctuates as Precious Metals Sector Surges and IPO Inspections Increase
The A-share market saw a day of fluctuation with all major indexes closing down, led by the GEM index. Despite this, certain sectors such as gold, electricity, complete automobiles, and banks experienced gains, while others like dyes, BC batteries, flexible screens, and medical equipment saw losses. The market saw over 4,500 stocks falling, with more than 80 dropping by over 9%.
The precious metals sector broke out against the trend, fueled by soaring gold and silver prices. This surge was attributed to record highs in London and COMEX gold prices, with predictions of further increases by top economists. On the other hand, sectors like liquor, photovoltaics, and innovative drugs experienced adjustments.
In a related development, the China Securities Regulatory Commission announced an increased focus on IPO inspections in the coming year. Strengthening on-site inspections and supervision, the commission aims to crack down on illegal activities in the capital market.
Looking ahead, analysts predict potential upward fluctuations in the A-share market. Factors such as improving economic conditions, active policies, rebounding corporate profits, and a possible interest rate cut by the Federal Reserve contribute to this expectation. With a positive outlook on corporate profits and overseas liquidity, the market is anticipated to remain resilient in the near future.