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A股、港股强势上涨 沪指创年内新高!下半年有哪些投资机会?
Guang Zhou Ri Bao·2025-06-25 16:50

Core Viewpoint - The A-share market is expected to show a trend of upward fluctuations, while the Hong Kong stock market may experience phase-based fluctuations, with investment opportunities in technology, consumption, and large financial sectors being highlighted [1][4]. Group 1: Market Performance - On June 25, the Shanghai Composite Index rose by 1.03%, the Shenzhen Component Index increased by 1.72%, and the ChiNext Index surged by 3.11% [2]. - The total market turnover reached 16,394 billion yuan, an increase of 1,915 billion yuan compared to the previous trading day, with over 3,800 stocks rising [2]. - The financial sector saw a significant rally, with multiple stocks hitting the daily limit, and the military and semiconductor sectors also performed strongly [2]. Group 2: Policy and Economic Factors - Recent financial policies, including the "Guiding Opinions on Financial Support to Boost and Expand Consumption," aim to enhance financial services from both supply and demand sides, thereby stimulating consumption growth [2]. - The People's Bank of China conducted a 3,000 billion yuan MLF operation to maintain ample liquidity in the market [2]. - Analysts noted that the development of stablecoins provides new opportunities for the financial sector, and the recovery of overseas markets has increased risk appetite, contributing to the positive market sentiment [3]. Group 3: Future Outlook - Analysts predict that the A-share market will maintain a stable upward trend, with current valuations remaining low compared to mature overseas markets, indicating relatively high investment value [4]. - The focus for structural opportunities is on safe assets, technological innovation, large consumption, and mergers and acquisitions [4]. - For the Hong Kong market, it is suggested to adopt a strategy of buying on dips, particularly in technology, consumption, and large financial sectors, which are expected to remain as core holdings [4].