综合来看,虽然紧缩性的调控措施仍可能对市场走势构成冲击,短期市场仍存在较大的不确定性,但我们认为支撑A股市场中长期表现的积极因素依然存在。对11月份市场的表现,仍维持此前的“先抑后扬、高位震荡”的判断。 Taken together, although tight regulatory measures may still impact on the market trend, there is still considerable uncertainty in the short-term market. However, we think the positive factors that support the mid- to long-term performance of A-share market remain. The performance of the market in November, still maintain the previous “Xianyihouyang, high turbulence ” judgment.