On December 23, Luan Chao, deputy director of Equity Investment Department of Xinhua fund and manager of Jinniu fund, said in the live broadcast room of "Jinniu is coming" of China Securities Journal that the recent high-level meeting set the tone for steady growth, which is different from the structural adjustment at the end of last year, and has confidence in economic growth next year. Looking forward to next year, the systematic investment value of blue chips will be highlighted, and the high growth industries in the growth track have structural investment opportunities.
Luan Chao said that on the whole, the reason for the decline of blue chip shares this year is that there is a certain downward pressure on economic growth in the second half of the year. Standing at the moment, I have confidence in economic growth next year. Combined with the expected improvement of profits next year, the valuation of blue chips is expected to be repaired. From the perspective of industry fundamentals, mainstream tracks such as new energy vehicles, photovoltaic and wind power are still in a period of rapid growth, and there will be more structural opportunities and unexpected investment opportunities.
(China Securities Journal · China Securities Network)
