YINN Night Market Sudden Change

The performance of the A50 is indeed surprising! Yesterday, at the end of the trading session, the A50 futures rose over 4%, and in the night session, it further increased by nearly 1%. However, after the market opened today, the index experienced a rapid decline, with a drop of 3.5%, almost erasing yesterday's significant rebound. What exactly happened behind this strong volatility? Analysts believe that, on one hand, it may be related to the external environment; during the Asian session today, major global stock index futures fell sharply. The market expects that the Federal Reserve may cut interest rates next week, but leans towards a more hawkish stance on interest rate outlook; on the other hand, due to the timing being close to Christmas, foreign capital's willingness to go long may not be strong. Domestically, it is also the year-end settlement phase, so the market may lean towards caution. The drop in the A50 is somewhat unexpected, but the market is still worth looking forward to. The unexpected performance of the A50 yesterday saw the Hong Kong benchmark Hang Seng Index rise about 3%. Other Chinese listed exchanges and companies also saw increases. The Chinese benchmark CSI 300 rose over 1% on Monday. Similarly, shares of Chinese e-commerce giants Alibaba (BABA), Pinduoduo (PDD), and JD (JD) all rose by at least 9%. The stock price of Chinese electric vehicle manufacturer XPeng also saw a double-digit increase, rising nearly 14%