After setting a record high the day before,On Tuesday, all US stocks closed down, and market trading volume suddenly shrunk. US stock trading volume on US exchanges fell below 10 billion shares to 9.65 billion shares, for the first time this year.The average daily turnover for the past 20 full trading days was 12.39 billion shares.

Lindsey Bell, chief investment strategist at Ally Invest, said:

“There is no doubt that the stock's upward momentum is strong. However, as investors digest all the good news and begin to consider uncertain risks such as inflation, the upward momentum in US stocks may be ready to take a breather.”

Overnight, the three major US stock indexes were all green; yet, a force of strength rose to prominence. The Chinese securities market in connection with the Archegos liquidation incident staged a major rebound on Tuesday. Tencent Music rose 5.94%, iQiyi rose 9.95%, and Bilibili rose 3.38%. According to foreign media reports, as can be seen from US stock options activity, some people are betting that Archegos liquidated concept stocks will rebound within the next few weeks.

On Tuesday, Vipshop Holdings Ltd. (Vipshop) and GSX Techedu Inc. (learn from who) both experienced a large number of call options transactions in the US depository certificate market.

whichVipshopIt rose 5.8% to $31.50. The trading volume of call options that expired on April 30 and had an exercise price of $35 reached 18,633 lots;

whereasGSXThe stock price also rose 14% to 32.75 US dollars. The trading volume of call options that expired on April 23 and had an exercise price of 34 US dollars reached 10,475 lots; the trading volume of call options that expired on April 23 and had an exercise price of 50 US dollars also reached 10,230 lots. Previously, due to the liquidation incident, GSX's stock price fell for 8 days in a row, at one point falling 66%.

It is worth noting that,On the first day of listing, China Securities Liandai Technology (UTME) IPO surged 1050% on the first day, breaking the US stock market record for 21 years.

On Tuesday, low-cost mobile phone and accessories manufacturer Liandai Technology landed on the NASDAQ exchange and skyrocketed on the first day of listing. Liandai Technology's IPO is priced at 4 US dollars per share, and a total of 3.75 million shares were issued to raise 15 million US dollars, which is at the low end of the issue price range. After listing, the company's opening price was $11.40, up 185% from the IPO price.

Shortly after the opening of the market, Liandai Technology experienced many disruptions. At one point, the stock price rose to 46 US dollars, an increase of 1050%. As soon as it was listed, it became a “tenfold share.”

According to data compiled by Bloomberg, among individual stock IPOs that raised more than 10 million US dollars, the intraday increase on the first day of listing of Liandai Technology was the highest since July 1999, breaking the record for the US stock market in 21 years. Previously, Freeserve PLC.IPO was IPO in July 1999, up 1261% on the first day.