In response to the recent A-share market, Tianhong Fund senior strategy analyst Huang Zihan said on November 6 that the situation on the same day can be verified, maintaining the judgment that A-shares conditionally fell and rebounded in November. The main arguments were: active equity funds dropped more than 20% from the high point, the redemption trend of fixed income + and pure debt was controlled, and many growth stock chip peaks had moved downward, and net purchases of broad-based ETFs continued to be strong. “The current market structure is also healthy. Today's falling targets are concentrated in overseas computing power chains, and stress tests have boosted confidence.” Huang Zihan said.

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