Burmese leader Aung San Suu Kyi detained, market shock, a shares how to go

Myanmar’s senior minister Aung San Suu Kyi, President Wen Min and some senior officials of the NLD have been detained by the military, a spokesman for the NLD said Monday, according to Xinhua. Tensions between Myanmar’s civilian government and military have escalated in recent days due to what the military calls “election fraud,” Reuters reported, adding that there are concerns about a “coup” in the country.

 

Myanmar is only a microcosm of the external unrest. This morning, the peripheral stock market fell again. At the same time, CCTV’s hot review entitled “fund investment is fundamentally beneficial to the capital market” is also a brush screen circle of friends. Next, how to go a share has become the most concerned topic.

Burmese leader Aung San Suu Kyi detained, market shock, a shares how to go

Myanmar accident

 

Early in the morning, Myanmar swiped the screen.

 

According to foreign media reports, on February 1 local time, Myanmar’s ruling NLD spokesman myo Nyunt said that Myanmar’s state minister Aung San Suu Kyi was detained by the country’s military early that morning. The spokesman said that the Burmese military launched a raid early that morning, and Aung San Suu Kyi and other senior officials of the ruling party were “taken” by the military. Britain’s “Guardian” said that the detainees include Myanmar’s current president Wen min.

 

In November 2020, the ruling party, the National League for Democracy (NLD), led by Aung San Suu Kyi, won an overwhelming election in Myanmar, but was accused of depriving voters of the right to vote in areas of serious conflict. The opposition, allied with the military, also objected to the election results. Myanmar’s military said it had found 8.6 million cases of fraud and asked the government to investigate suspected voter fraud in the election. The army has called on the government to postpone the assembly meeting scheduled for Monday.

 

“I want to tell our people not to respond rashly, I want them to act in accordance with the law,” the spokesman said He added that he could also be detained.

 

Jonathan head, a BBC correspondent in Southeast Asia, said there were soldiers on the streets of the capital Naypyidaw and the main city Rangoon.

 

Telephone and Internet lines have been cut off in Naypyidaw, the BBC Myanmar Service reported. Insiders said the soldiers also visited the prime minister’s residence in several areas and took them away. On Saturday, as more and more Burmese troops prepared to launch a coup, the armed forces of Myanmar promised to abide by the constitution.

 

Aung San Suu Kyi

 

Aung San Suu Kyi is the daughter of Burma’s independent hero General Aung San. Aung San Suu Kyi was assassinated when she was only two years old before Myanmar became independent from British colonial rule in 1948.

 

Information shows that Aung San Suu Kyi was once regarded as a beacon of human rights and a principled activist. She gave up her freedom to challenge the cruel general who ruled Myanmar for decades.

 

In 1991, while still under house arrest, she was awarded the Nobel Peace Prize and praised as “an outstanding example of the power of the powerless”. Aung San Suu Kyi was detained for nearly 15 years between 1989 and 2010. Aung San Suu Kyi’s British husband, Mike ARIS, died of cancer when she was under house arrest by the Burmese military. Until her death, she had never seen her wife for the last time, which became a lifelong regret.

 

In November 2015, Aung San Suu Kyi led the National League for Democracy (NLD) to a landslide victory in Myanmar’s first open election in 25 years.

 

Myanmar’s constitution forbids her to be president because she has foreign children. But Aung San Suu Kyi, 75, is widely seen as the de facto leader.

 

The periphery is not calm, the fund is named

 

Myanmar may still be a microcosm of the unrest on the periphery. With the continuous development of Wall Street competition, this morning, the U.S. stock futures index opened down.

 

The Australian stock market, which started low, is down 1.35%.

 

At the same time, last night and this morning, a hot review was online. CCTV released a comment entitled “fund investment is fundamentally beneficial to the capital market”. This paper points out that any kind of investment should be based on rational and calm, and the frenzy of investment funds in the current capital market is worthy of vigilance and reflection. Some investors speculate in funds like stocks, chasing up and down, and frequently apply for redemption. Many investors don’t understand the fund market. They think that the investment fund can make a steady profit without risk, and even get rich overnight. When the fund returns well, they pursue star managers. When the net value falls, they call fund managers hot search. Some investors neither study products nor fund managers. Seeing that institutions and banks are promoting new funds, that is, following the trend to buy popular funds, many new funds have become “sunshine base” this year, and some new funds with a scale of 10 billion have been fried to more than 230 billion.

 

CCTV article believes that blind and fanatical investment behavior is not conducive to fund managers’ management of products, and is not conducive to investors’ investment income. It should be noted that although fund investment is through inter institutional access to the market, the main investment targets of public funds are stocks and bonds, and investors also have to bear risks. Some people in the industry have been calling for early warning of market risks from a professional perspective. Some excellent fund managers restrict the purchase of products, refuse hot money, control the fund scale and protect the income of existing investors. These behaviors need to be understood and concerned by all parties in the market. It is not only the blessing of the capital market, but also the blessing of investors to make the market develop healthily and steadily.

 

Some analysts believe that this comment may cause changes in the fund industry. Because the frenzied fund investment may lead to a big move of deposits, and the recent Wall Street retail speculation in junk stocks may also cause regulatory concern.

 

So, in troubled times, how will A-share deduce? Over the weekend, the guidelines given by securities researchers are also very different. Judging from the past history, because there are many places to spend money before the festival, even if the central government releases water, it may still be difficult to be very loose in terms of funds. Moreover, before each long holiday, there will always be a wave of financing repayment. Therefore, it is very likely that the market before the festival will be flat, the trading volume will gradually converge, the fluctuation will gradually weaken, and the possibility of strengthening after the festival will be greater.

One thought on “Burmese leader Aung San Suu Kyi detained, market shock, a shares how to go

  • With the detention of Aung San Suu Kyi and other senior NLD officials, the political balance of power between the military and the NLD government has finally been overturned

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