在牛市里，如何吃到熊市级别的跌幅？

Core Viewpoint - The article discusses the recent market trends in A-shares, highlighting significant sell-offs in growth sectors and the implications of financing regulations on market behavior [5][6][8]. Group 1: Market Trends - A-shares experienced a notable index-level pullback, primarily affecting growth sectors [5]. - Financing positions recorded their first net sell-off in 26 years, indicating a shift in market sentiment [6]. - The recent financing regulations, which increased margin requirements from 80% to 100%, may have contributed to this sell-off [6]. Group 2: ETF Activity - Broad-based ETFs saw substantial net sell-offs, with over 58 billion sold in a single day, and a total of over 240 billion in three days [8]. - The trading volume of major ETFs has decreased compared to previous days, suggesting a cooling off in market enthusiasm [8][10]. Group 3: Sector Performance - The satellite and commercial aerospace sectors have experienced significant declines, with the satellite industry index dropping over 20% from its peak [11]. - The article attributes this decline to speculative trading and the influence of e-commerce and content platforms promoting high-risk investments [14]. Group 4: Investment Platforms - WeBank, a leading internet bank, offers advantages for personal investors, including T+0.5 redemption for funds, enhancing capital efficiency [19][20]. - New users of WeBank can benefit from discounted fund purchases by completing a financial literacy course [21]. - WeBank's stringent volatility control for financial products is seen as beneficial for clients [22].