Aug 01, 2021 09:14 AM (GMT+8) · EqualOcean
Guotai Junan strategy team said on August 1 that the division of the sector reflects the "stress test" for financial consumption and technology manufacturing. At present, the fundamentals have not deteriorated substantially, and the micro market trading structure of some tracks has not touched the threshold. This adjustment belongs to panic disturbance rather than systemic risk. At present, the historical quantile of SSE 50pe has fallen to 71.3%. Considering the profit growth in 2021, there is a bottom. On the whole, with the dissipation of emotional disturbance and the combination of Shanghai Stock Exchange 50 stabilization + small and medium market capitalization style, the market is expected to be ready for a new life.

This text is a result of machine translation.