Near noon on December 21, 2023, the market index rose in a straight line, turning from falling to rising, power equipment and new energy led the market, communications, computers, and electronics turned red, and Kechuang 100 ETF Huaxia (588800) turned red strongly, and the holding stocks Bozhong Seiko, Gaoce Shares, Tiannai Technology, and Jinbo Shares led the gains. As of this writing, the ETF is actively traded, with an intraday turnover of more than 800 million yuan, ranking first in its category.
Recently, a number of mainstream foreign institutions, including Goldman Sachs, Nomura, Morgan Stanley, etc., have made an outlook for the A** market in 2024. The strategy team of Goldman Sachs Research believes that the improvement of China's economic situation is expected to promote the recovery of corporate earnings, and because the valuation of A-shares is at a historically low level, it maintains an "overweight" stance on A-shares, and expects the constituents of the MSCI China Index and the CSI 300 Index to achieve earnings growth of 10% and 11% respectively in 2024, which is close to this year's performance.
Tianfeng ** pointed out that since the current market has not formed a consensus main line, and the allocation lacks a sustainable direction with a high winning rate, theoretically increasing the focus on broad-based indices is conducive to avoiding the risk of shorting. According to the data, the Science and Technology Innovation 100 ETF China AMC (588800) closely tracks the Science and Technology Innovation 100 Index, which selects 100 Science and Technology Innovation Board ** with medium market capitalization and good liquidity in addition to the Science and Technology Innovation 50 Index as samples, focusing on the three major industries of semiconductors, pharmaceuticals and batteries. Since its July 2020 high, the STAR 100 Index has been adjusting for more than three years. From the perspective of the adjustment range, as of December 19, 2023, the decline is still as high as 52%, and the time and space are relatively sufficient, and it has entered the hitting area.
The content and data are for reference only and do not constitute investment advice. AI technology strategy is provided for Youlian Cloud.