Guosheng Securities believes that the market is still dominated by shock consolidation around New Year's day, the logic of China's export, up and down is not there, and the macro data and enterprise performance disclosure are in a vacuum period. The market is waiting for the expectation of interest rate and reserve requirement reduction in the coming year, and investors' risk appetite will improve. In the macro strong related sectors, the early expectations are more pessimistic. In the traditional macro early cycle sector, real estate, chemical industry, building materials, securities companies, automobiles and banks and nonferrous copper that pays attention to the recovery of demand and the joint production reduction proposed by smelters, or favored by some institutional funds. The restless market in the first quarter is worth looking forward to. At the same time, we should also pay attention to risk prevention and resolutely avoid stocks with excessive increase or high pressure on short-term profit taking during the year and stocks with large and small non lifting restrictions. We should also avoid individual stocks that may be thunderstruck with high goodwill and high deposit loan ratio and delisting risk warning stocks.
(Securities Times)
