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Looking back at the history of A-shares, it is easy to find that the market reacted fiercely and quickly to similar clear information, but the market responded slowly to the information that really pushed the whole market or industry to turn, such as changes in liquidity caused by the shift of monetary policy, changes in social and economic fundamentals, and structural adjustment brought about by industrial policies. Basically, there is a delay of 4-6 months, which is enough time for large funds with sensitive sense of smell to be laid out in advance.Fortunately, this time, the reaction was not particularly strong, and the selling effect did not last. Today, the trading volume dropped by 370 billion, and the index amplitude was around 1%, and the fluctuation was suspended.

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