Summary
[CICC: Monthly Industry Allocation Report with “Steady Growth” as the main line]The CICC research report believes that the current “policy bottom” has gradually emerged, but the market is still in the stage of gradually incorporating the “steady growth” expectation, and accompanied by the end of the year Risk appetite declines, and the rotation of styles and sectors may accelerate significantly; but in the next 3-6 months, with the arrival of “emotional bottom” and “growth bottom” in turn, sentiment may gradually improve in the future, and the main line of the market will gradually change from “high prosperity”. “Growth” shifts to relevant sectors boosted by policies. It is recommended to pay attention to the following main lines in the next 3-6 months: 1) “Steady growth” will be the main line of the market. 2) Relevant industries where the economic recovery is superimposed on the buffer of low valuations. 3) Manufacturing growth may fluctuate more.
CICCResearch reportIt is believed that the current “policy bottom” has gradually emerged, but the market is still in the stage of gradually incorporating the “steady growth” expectations, and with the decline in risk appetite at the end of the year, the rotation of styles and sectors may accelerate significantly; but in the next 3-6 months, With the arrival of “emotional bottom” and “growth bottom” in turn, sentiment may gradually improve in the future, and the main line of the market will gradually shift from “high economic growth” to related sectors that are boosted by policies. It is recommended to pay attention to the following main lines in the next 3-6 months: 1) “Steady growth” will be the main line of the market. 2) Relevant industries where the economic recovery is superimposed on the buffer of low valuations. 3) Manufacturing growth may fluctuate more.
(Article Source:SecuritiesTimes·e company)
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