Title: Yang Delong: Calls on National Team to Boost Market Confidence Amidst Irrational Decline
The A-share market has experienced a period of irrational decline, causing concerns and panic among investors. Despite a recovering economy and increasing policy intensity, the market trend remains sluggish and confidence is weak. The Shanghai Composite Index rapidly fell below the 2,800-point mark, with the GEM index also hitting a new low. The decline has caused leveraged funds to passively close their positions, further accelerating the market decline.
The national team has stepped in with measures to stabilize the market, including buying ETFs and large-cap stocks. However, the market has not seen a significant reversal. Yang Delong, a prominent figure in the investment community, has called on the national team to intensify their efforts to rescue the market.
According to Delong, the market may experience passive liquidation of leveraged funds if it falls below certain points. He believes that decisive measures need to be taken immediately to boost market confidence and completely reverse the current downtrend.
Delong has recommended that the national team give the market a clear expectation, such as allocating a specific amount of funds if the market falls below a certain point. He also suggests focusing on buying ETFs, especially those representing the direction of economic transformation, to boost investor confidence and generate a positive impact.
The article highlights that the market has deviated from the fundamentals of the economy and that recent reforms and policy intentions reflect support for capital market development. Delong emphasizes that despite the current lack of confidence, there are valuable opportunities for value investing as good assets have fallen out of value, presenting a rare opportunity to buy at low prices.
Looking ahead, Delong predicts that 2024 will be a prosperous year, with opportunities for valuation restoration of good companies. He urges investors to strengthen their confidence, stick to good companies and funds, and wait for the next round of the bull market, which he believes is the best investment strategy at the moment.
The article concludes by expressing the views of the author, Yang Delong, and calls on investors to operate at their own risk, emphasizing that the content published is for informational purposes and does not constitute investment advice.
Source:
https://cube.dahe.cn/news/details/55202370?s=toutiao
Author: Yang Delong