Report summary:
The Shanghai stock index fell below the annual line at the latest, that is, the Shanghai stock index finally confirmed that the upward trend of the A-share market in the past three years has ushered in an inflection point.
There is still low-level technical support for undervalued blue chips, which is expected to curb the continuous downward trend of the market in the future, and even lead the rebound of A-Shares in the stage and resolve the downward pressure of short-term panic.
China's policy is still warm.
At present, the A-share market still focuses on the defense strategy. It is suggested to pay attention to the blue chip varieties benefiting from the steady growth policy, followed by the blue chip varieties with undervalued value, and the third is the leading varieties whose valuation is significantly lower than the historical average and is expected to improve the prosperity of the industry.