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Securities Times e Company News, CITIC Construction Investment's strategic research team released a research report saying that after the implementation of the real estate policy,newcryptogamesplaytoearnWe warned that tactically we should close when we are good in the short term, and the market will adjust as scheduled this week. Recently, expectations of the Federal Reserve to cut interest rates have continued to shift backward, exchange rate pressure has increased, and China issued special treasury bonds, but the previous market expectations of reducing RRR and interest rates have not been fulfilled, and net investment has not occurred. The implementation of new rules on reducing A-share holdings, and the recent restart of IPO reviews, broad-based ETFs showed outflows and the margin of micro-liquidity shrank. The export boom is still there, and the recovery of domestic demand remains to be seen. We believe that strategically we can still be optimistic about A-shares, and tactically focus on defense in the short term and wait patiently. The configuration is still based on dividends and bottom positions, while focusing on industries with independent fundamental logic.
