Huaxin Securities, China Merchants Securities, and Guosheng Securities have provided their insights on the current state of the Chinese stock market and the potential opportunities for investors. Huaxin Securities is focusing on three major industries: state-owned enterprises with high dividends and low valuations, large financial sectors benefiting from the central bank’s double cuts, and industries with improving financial performance such as textiles, petroleum, and steel. China Merchants Securities, on the other hand, pointed out that the overall profit growth rate of A-shares is expected to continue to improve in the third quarter, with segments such as consumer services and mid- to high-end manufacturing industries showing signs of growth. Guosheng Securities, meanwhile, believes that the market may experience a rebound in the near future, with factors such as the loosening of capital, extreme bearish sentiment, and excessive deviation of the index from the moving average contributing to this potential turnaround.
It is important to note that the Securities Times, where this information was sourced, emphasizes that the content provided is for reference only and does not constitute substantive investment advice. It is also advised that any operations based on this information are done at one’s own risk.
Readers are encouraged to stay updated with stock market trends and policy information by downloading the official APP of “Securities Times” or following their official WeChat account to seize wealth opportunities and make informed investment decisions.