A股港股的牛市有哪些特点，我们该如何应对？｜投资小知识

Core Viewpoint - The article emphasizes that significant market returns are concentrated in a small percentage of trading days, highlighting the importance of being present during these critical moments [3]. Group 1: Market Characteristics - A-shares have experienced few broad-based bull markets, with 2007 being the only year characterized by a general rise across various sectors. Most bull markets are structural, with specific sectors leading the gains [4]. - Bull markets do not rise continuously; they often experience pullbacks, typically following a pattern of "three up, one down" or "three up, two down" during their upward trajectory [5]. - Historical data shows that approximately 70% of stock accounts were opened during the major bull markets of 2007 and 2015, indicating a tendency for investors to enter the market at high points [7]. Group 2: Investment Strategies - To achieve long-term profitability in the stock market, it is crucial to buy at lower prices. Experienced investors can practice "contrarian investing," as demonstrated by high subscription volumes during market lows [8]. - The market is expected to trend upward in the long term, with each bear market bottom likely to be higher than the previous one, indicating a general upward trajectory over time [9].