Chen Guo of CITIC Construction Investment: The whole should not be aggressive and should wait for the next buying point jqknews

Securities Times e Company News, Chen Guo of CITIC Construction Investment believes that from the perspective of relative returns, although the logic of stabilizing growth will gradually ebb, but before the important policy meeting in July, the low expectations of short-term financial and economic data will still make the logic of overweight established (I believe New and old infrastructure will also increase), in addition, the dominant varieties of the mid-year report are still scarce (the military industry and resource products all reflect a rigid demand), and the market can only choose to rotate between these directions. But from the perspective of absolute returns, the overall focus of the market in June is down. We cannot predict in advance when the adjustment will start, but in this time window, the overall situation should not be aggressive, and it should be dormant and wait for the next buying point.