Summary
[CITIC Construction Investment: The recent negative concerns have basically been reacted by the market and should not be reduced at present]The Chen Guo team of CITIC Construction Investment Strategy released a research report saying that the current position should not be reduced, and the position should be gradually increased next week. The recent negative concerns have basically been reacted to by the market, and they may come to fruition or be overly worried: Compared with Hong Kong stocks and northbound funds, the A-share market is sufficiently pessimistic about the economy. (Financial Association)
CITIC Construction InvestmentStrategy Chen Guo team releasedResearch reportIt is said that the current position should not be reduced, and the position should be gradually increased next week.The recent negative concerns have basically been reacted to by the market, and may land or be overly worried: compared with Hong Kong stocks andNorthbound Funds, the A-share market is pessimistic enough about the economy.The country is currently in a widecurrency+ There is still room for further easing in the “double-width” cycle of easing credit in the future. With the gradual force of the steady growth policy, market doubts are expected to improve, and the improvement of the numerator and the denominator of interest rate cuts will gradually appear.At the same time, the market risk appetite improved after the Spring Festival, and newFund issuanceAfter the recovery, the Fed’s FOMC meeting next week has made all expectations of interest rate hikes to be exhausted, and it is expected to form a favorable time window after the Spring Festival and before the two sessions. At present, our view on the follow-up market has become more positive, and it is recommended to cherish and grasp the upcoming counter-offensive market.
(Article source: Financial Associated Press)