Recently, affected by the peripheral market, the A-share market repeatedly saw around 3000 points again. Standing at the moment of increasing market uncertainty, Citic Securities Company Limited(600030) Zhenxuan value growth investment manager Zhang Yanzhen said that from a long-term perspective, the investment value of the A-share market is very obvious. The key to the success or failure of investment is to find excellent companies and obtain the benefits of enterprise growth.
Zhang Yanzhen further pointed out that under the background of downward economic growth, it is very important to grasp the opportunities brought by industrial structure transformation. China has a huge parent consumer market, engineer dividends, excellent entrepreneurs and entrepreneurship, as well as national industrial policy support. It is believed that Chinese enterprises have room for continuous upgrading and domestic substitution in the fields of consumption, science and technology manufacturing, and there will be more and more enterprises with world competitiveness in the future.
According to Zhang Yanzhen, Citic Securities Company Limited(600030) Zhenxuan value growth mainly selects individual stocks through GARP strategy (value growth strategy) to pursue long-term market returns. Compared with the high growth stock strategy, the judgment of growth sustainability is more difficult, and the lack of growth sustainability of value strategy, GARP strategy takes into account growth and valuation, which is an investment strategy that can be implemented. Citic Securities Company Limited(600030) Zhenxuan value growth will adhere to this strategy and focus on three aspects: first, pay attention to the analysis of industry and business model; Second, the core competitive advantage of the company itself; Third, look for enterprises with reasonable or undervalued valuation.
According to the data, as of February 24, Citic Securities Company Limited(600030) Zhenxuan’s value grew, with a yield of 35.93% in the recent year, ranking among the top 8% of the same type of products in the market; The yield in the last three years has reached 75.88%, ranking among the top 3% of similar products in the market.
(Financial Investment Report)
