For a long time bull market, many investors are also happy at the same time also full of anxiety, saying that overheating is also a sign of going downhill. Investors can not help but ask: is it going to continue to enjoy A share bubbles or keep away from growing accumulation? risk However, this topic is not only difficult for investors to understand, but also the investors of securities firms are scratching their heads. Some say that risks are at hand. Some say that 4000 points are around the corner. Let's start with the four securities newspapers and see what they predict for the future market.

Although the market is facing double disturbances of new issue and holiday effect, the stock market's temper has not changed, and it has been strongly closed on Friday in the way of big and small ensemble. However, despite the strong performance of the market on Friday, it showed a good acceptance of the pace of IPO. ipo The official launch of the short-term market will still be subject to a certain degree of pumping and emotional disturbance. It is expected that the market will start high and high above 3800 points.

Under the new round of IPO approval and the double effects of holiday effect, the last day of the Ching Ming Festival, A shares were not bad, not only the Shanghai Composite Index hit a new high of more than 7 years, but also the "new high show" of the gem and the small and medium-sized board composite index, and the popularity of the market once again highlighted the strength of the market.

As the last trading day before the Ching Ming holidays, Friday market Not due to the impact of the profit effect caused by the holiday effect, there was a trend of concussion, but instead, it was replaced by a strong general inflation. The atmosphere of A shares warm spring is very strong. This shows that the money making effect of the market is very significant. Under many factors, Shanghai stock index will be at a high level on top of the 3800 point platform.

On the one hand, the PMI and HSBC PMI data were released last week, and the overall situation is better than expected. Analysts pointed out that after the launch of the enterprises after the holidays and the recent activities of the financial industry, the data have been pushed up. However, the employment index has dropped to the lowest level in 10 months and the PMI of the manufacturing industry is expected to fall. Moreover, considering the short-term disturbance factors such as the issuance of new shares, the payment of reserves and the collection of Financial deposits this month, the market's expectation for loose monetary policy is also rising.

On the other hand, on Thursday, the SFC issued a new round of IPO approvals. The size of the 30 companies has reached the largest scale since the current IPO restart. Haitong Securities expects to freeze up to 2.8-3 trillion yuan. In the past several new issue of IPO, although the market does not change the track of the bull market itself before the IPO starts, it will also fall into a phase of adjustment trend.