On March 20, Haitong Securities Company Limited(600837) chief economist and chief strategist Xun Yugen released a research report saying that with the positive changes in the market environment, the market will enter the "pit filling" market in the future. This round of adjustment has been relatively obvious, and the current valuation of A-Shares is at a historically medium low level.
Xun Yugen said that steady growth will be the main line of the "pit filling" market. The steady growth policy is expected to directly drive the growth of new and old infrastructure investment. Among them, "new infrastructure" is the balance point between short-term stable growth and medium - and long-term economic restructuring. It is an important tool for China's economy to move towards high-quality and innovative development. It pays particular attention to the fields of low-carbon economy and digital economy; In addition, focusing on the undervalued financial and real estate sector, brokerage stocks have greater potential.
