B · Normal
[Haitong International Zhang Yidong: It’s the right time to plan for dips in September Optimistic about China’s hard-core assets and AI technology market] September 10th, Haitong International Securities Chief Economist Zhang Yidong said that on the one hand, we continue to be optimistic about the fundamentals of the AI technology market and the new momentum of China’s economy. The current configuration of China’s stock market, especially A-shares, is highly attractive. On the other hand, overseas funds are expected to be very prosperous in September. The 10-year U.S. bond yield is expected to fall after reaching around 5%. China's policy, especially the stock market policy, is expected to be more active. Therefore, September will usher in a reversal to the upside. It is recommended to bargain for the autumn market in September. However, he also said that the market in the next few months will focus more on the orderly diffusion of investment logic of endogenous growth or extensional growth of performance, rather than the skyrocketing market that was dominated by valuation restoration that year. (Securities Times)
Comments