A-shares fell across the board. Analysts: Annual reports enter the pre-disclosure stage, but market expectations are not high, and Trump and the US Capital Market have an impact.

On January 2nd, Jinshi Data reported that on the last trading day of 2024, the market did not pump as expected; on the first trading day of the new year, the market did not rebound, but instead fell across the board. In the morning, the performance of individual stocks was still decent, but in the afternoon, the index also dragged down individual stocks. In the morning, the decline in Hong Kong’s blue-chip stocks had a certain driving effect on A-shares. However, the release of emotions in the afternoon does not seem to be entirely due to Hong Kong stocks. Analysts believe that first, the market may not have high expectations for the disclosure of annual reports; second, the changes in Trump and the American capital market still have a significant impact on the global market; and third, the market has entered a new stage of short-term game with limited supply.