A-shares can rest now. A higher open is absolutely a very negative signal for the overall Sci-Tech Innovation Board Index sentiment. If it followed the earlier idea—opening low and then rallying to leave room for gains for the secondary market—that could still boost sentiment. But now it looks like not only did day1 clearly not give any opportunity; how long the sideways trading range for entry points after this will be is hard to predict. Basically, it’s time to sleep.

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