A broader market panic shares fell more than 300 daily limit.

<P> Yesterday, the Shanghai and Shenzhen stock markets plunged side, almost no decent intraday rally. .The Shanghai Composite Index and Shenzhen Component Index declines of 5.33% and 4.64%, a record in January 2002 were the largest single-day decline since the record. .There are only two cities more than 300 non-ST stocks hit bottom, the A shares rose just 53; turnover between the two cities has been enlarged. .</ P> <P> from yesterday's news of view, the central bank to adjust interest rate policy is currently no further plans to neutral on the stock market basically warm; six QDII fund programs such as news reporting on the stock market rose despite a certain degree of psychological pressure, .but not a cause crash. .Analysts said the stock market fell sharply yesterday, not so much worried about is the expansion pressure, as it is the market itself needs to adjust. .</ P> <P> we all know, Shanghai and Shenzhen began the broader market since early December last year, up to now, nearly 66% of the total increase, causing the floor objectively very handsome profit taking. .When the broader market in recent history, the amount of days after release, the face of 1,700 points at the top of the highest concentration of historic lock-plate region, expansion pressure, the market environment, some subtle changes. .Is the so-called "quitting brave victory", as the market bullish sentiment appears lax, leading to focus on the short side vent their energy. .</ P> <P> Although many mainstream institutions of the view that fast or slow up the bull market characteristics consistent with, but saw yesterday, the disk appeared in more than 300 years, only a rare non-ST stocks hit bottom, clearly reflects the appearance of funds .Huangbuzelu escape the predicament. .In fact, in the past the broader market to a continuous rise in the share reform, the RMB appreciation is the key factor of course, but it is undeniable, stop funding the financing side is a great support. .When the expansion, once started, the mentality of the market became impetuous, capital and pressures are not really apparent, but profit taking cash out the first it is an indisputable fact. .</ P> <P> from yesterday's situation, in a gloomy green, the two cities rose only 53 A-shares, of which shares of stock reform accounted for more than half of subjects, showing the share reform is still subject to market funds to attract a certain .force. .</ P> <P> Shanghai Composite Index yesterday closed at 1589.55 points, down 89.58 points, closing 38.3 billion yuan; The Shenzhen Component Index closed at 4095.32 points, down 199.16 points on turnover of 20.9 billion; small board index was .to close at 2068.10 points, down 174.16 points, or 7.77%, turnover of 1.47 billion. .(Nathalie) </ P>.