In recent years, China has maintained its determination and firmly followed the development path of industrial transformation and upgrading, and the results have been quite significant. At present, China has grown into the world's largest exporter of automobiles, and China's automotive industry chain ranks high in the world, reflecting the strong value chain of China's manufacturing industry. Reflected in the A** field, the long-term investment opportunities in the growth sector are not yet over.
The meeting of the Political Bureau of the Communist Party of China and the economic work conference conveyed two important messages: on the one hand, adhere to high-quality development and accelerate the cultivation and formation of new quality productivity; On the other hand, it has made a positive response to the key issues that the market and society are concerned about in the fields of expanding domestic demand, fiscal and monetary policies, real estate, and private enterprises.
Due to the low level of market valuation and investor sentiment, it is expected that the A** market will show a leading trend in 2024. Specifically, there will be two directions in the market trend, one is that if the policy effect is good and the nominal economic growth is significantly accelerated, the market may come out of a larger level of anti-**; Second, if the policy is not as fast as expected, the policy effect needs to wait, and the A** field may maintain the pattern of the bottom.
Next year's investment opportunities will focus on two main areas.
First, the growth sector is expected to be the main profit of the structural **, and the progress in the technology sector is closely monitored. In particular, artificial intelligence, Huawei's industrial chain, and smart cars are undergoing extensive and positive changes, and there are good investment opportunities during this period. However, growth stocks have high volatility characteristics, and there may be a large drawdown during the period, so growth stocks need to pay attention to the entry time and target selection.
Second, driven by macro policies, we should pay attention to the swing opportunities of traditional economy-related sectors. At present, the valuations of sectors related to the traditional economy are generally in the historical bottom zone. When there are substantial changes in policies and economic fundamentals, there may be positive changes in traditional economy-related sectors, bringing good investment opportunities.
This article was first published in the interpretation of the financial outlet, if there is **, please indicate the source.