Guojun strategy research report points out that with the transformation of market driving force from numerator end to denominator end, the investment focus is switched from high growth to undervalued value, and the correction range of pessimistic expectations is superimposed according to the order of steady growth. Recommendations: 1) consumption: accelerate to step out of the expected bottom, and recommend pigs, household appliances, furniture, social services / tourism with supported performance and weakened negative expectations Baijiu and other directions; 2) Infrastructure: improve infrastructure investment and help "revitalize infrastructure" exceed expectations in the future: building materials, construction, power operation, etc; 3) Finance: securities companies and banks; 4) Consumer electronics.
(source: financial Associated Press)
