创业板指一周跌没6%！最新研判

Market Performance - The A-share market experienced a significant downturn, with the ChiNext Index dropping 6.15% last week and falling below the 3000-point mark on November 21, closing at 2920.08 points [2] - The Hong Kong stock market also faced declines, with the Hang Seng Index falling over 5% and the Hang Seng Tech Index dropping more than 7% [2] - Major Asian markets saw widespread declines, with the South Korean Composite Index and Nikkei 225 Index experiencing drops of nearly 4% and over 3.48%, respectively [2] Sector Analysis - The technology sector, particularly in computing, semiconductors, and batteries, underwent significant corrections, with the electronic sector experiencing a weekly decline of 5.89% [3] - The lithium battery supply chain saw a sharp drop, with the lithium mining index falling 9.67% in a single day, affecting multiple stocks such as Shengxin Lithium Energy and Ganfeng Lithium, which hit their daily limit down [3] - The computing industry also faced a collective pullback, with notable declines in stocks like Xin Yi Sheng and Zhong Ji Xu Chuang [3] Analyst Insights - Multiple brokerages indicated that the A-share market is in a mid-term adjustment phase, but the long-term bullish trend remains intact [4][5] - Analysts from Pacific Securities and Zheshang Securities noted that the current market adjustment is in its early stages, with potential further declines in global markets impacting A-share risk appetite [5] - Shenwan Hongyuan's report suggested that while the AI industry trend is not over, there will be fluctuations in the short term, aligning with historical patterns of "high-level oscillation" during bull markets [5] Market Sentiment - Despite short-term pressures, analysts believe that the long-term bullish trend is still expected, with a focus on fundamental improvements as a basis for future market performance [6] - The ChiNext Index, a key driver of the current bull market, has seen a 12% decline since its peak on October 30, but this adjustment is viewed as a normal part of the bull market cycle [7][8] - The current valuation of the ChiNext Index has decreased to a price-to-earnings ratio of 37.72, indicating a release of pressure and a lack of significant overvaluation risk [8]