Monarch Strategy: Pay attention to the risk of the epidemic without excessive panic

Securities Times e company news, the latest research report of the monarch strategy alleges that the global financial market has been turbulent due to the mutant new crown virus Omicron. At present, the core concern is that the mutation of the virus may lead to an increase in immune evasion and transmission capacity, which in turn will slow down the process of economic recovery. With reference to the delta virus’s deductive context after the end of June, its impact on A shares is similar to the “black swan” event, with the marginal impact gradually weakening, and the domestic market is more in line with endogenous logic. Overall, the risk of this round of mutant viruses still needs to be dynamically observed, but given the domestic prevention and control experience and the historical interpretation of the epidemic, there is no need for excessive panic to impact the capital market.