Chen Guo, a strategist at Oriental Wealth, said, “Today's decline is mainly due to financial factors. There is also some external macroeconomic uncertainty, but for example, the US midterm elections, A-shares are not necessarily more sensitive than US stocks. Currently, people feel that there is no capital to enter the market. Instead, they are worried that positions will be reduced when there is a rebound, so it would be better if there was a strong net inflow of ETFs like last Friday. If there were no strong net inflows from ETFs, there is still relatively little desire to spontaneously increase capital.”

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