CICC: A-share “steady growth” is expected to continue to exert force jqknews

Securities Times e Company News, CICC believes that the impact of this round of overseas tightening on the Chinese market may be relatively limited, and the pressure of capital outflow and RMB depreciation may be less than in the past. In view of the recent value style that has clearly outperformed growth, we believe that the current policy of stabilizing growth is still relatively positive, but it will take time to achieve results. Combined with the impact of the recent domestic epidemic, there is still room for further strengthening of the policy. “Stable growth” may still be the current priority. the main line. Combined with the overall low risk appetite of the market during the bottoming period, and the consistency of the global growth underperforming value in the context of tightening overseas liquidity, we believe that the current low-valued stable growth areas still have relative allocation value in stages. .