财富通每日策略
Dongguan Securities·2024-06-28 02:30

Core Insights - The report highlights the importance of deepening reforms and promoting modernization in China, emphasizing a systematic approach to balance economic and social factors, government and market dynamics, efficiency and equity, vitality and order, as well as development and security [1] - The overseas economic downturn and worsening US-China trade tensions have led to a decline in external demand, putting pressure on domestic exports. Additionally, the prolonged interest rate hikes by major global economies have resulted in a significant slowdown in global economic growth, affecting domestic liquidity [2] Industry Investment Ratings - The report outlines an investment rating system for industries, categorizing them into three levels: - Overweight: Expected to outperform the market index by over 10% in the next six months - Market Weight: Expected to perform within ±10% of the market index - Underweight: Expected to underperform the market index by over 10% [5] Company Investment Ratings - The report also provides a company investment rating system, which includes: - Buy: Expected to outperform the market index by over 15% in the next six months - Accumulate: Expected to outperform the market index by 5%-15% - Hold: Expected to perform within ±5% of the market index - Reduce: Expected to underperform the market index by over 5% [13] Market Performance Analysis - The report notes that the market experienced a day of volatility with the ChiNext index leading the decline. The Shanghai Composite Index closed at 2945.85, down 0.90%, while the Shenzhen Component Index closed at 8849.70, down 1.53% [9] - The report indicates that the total trading volume in the Shanghai and Shenzhen markets reached 626.4 billion, a decrease of 17 billion from the previous trading day, reflecting a lack of buying momentum [11] Sector Focus - The report suggests that investors should focus on sectors such as artificial intelligence, consumer electronics, and smart driving, indicating potential growth areas amidst current market conditions [11]