On March 8, the news, the U.S. stock market suffered a "Black Monday", the Dow, nasdaq, S&P 500 three major stock indexes fell collectively on Monday, the third consecutive trading day fell, the Dow intraday fell more than 800 points.

At the same time, A shares also ushered in a sharp decline. The index oscillated lower in the morning, and all major indexes fell by about 2%, continuing to hit new lows. Less than 400 stocks rose in the two cities.

At present, the number of investors in the A-share market has exceeded 200 million.Recently, A-shares have fallen one after another, which has caused a lot of blows to many investors. So what is the root cause of the A-share plunge? Can the main line of "steady growth" investment still be adhered to?

According to the First Financial Daily, Xun Yugen, chief economist of Haitong Securities, said,Not simply the fall of A shares, the Asia-Pacific stock market, the European stock market have a relatively deep decline, today's decline is global, and the decline in A shares is mainly dragged down by external factors.

He said it is difficult to grasp the short-term market, especially when it is impacted by external factors. So, a lot of times we need to think in the medium and long term.

For example, looking at the next two years, the current position of A shares is relatively low. In the long run, the probability of making money in this position is still very large.

If the funds are not in a hurry, they can withstand the fluctuations in the middle and focus on the long term, and may be able to obtain higher returns.

According to the Financial Associated Press, the index bottomed out in the afternoon, and the ChiNext index once turned red. Individual stocks on the market still fell more and rose less, and more than 3800 stocks fell.