Fang Yi, chief strategy analyst at Cathay Pacific Haitong, released the latest research report saying that market stabilization and turnaround may not be far away. Fang Yi said that despite the resurgence of the US-Iran conflict, the marginal impact is not as strong as in March-April; North American CSP vendors will release financial reports and guidelines in the past two weeks, but market expectations have already been lowered; broad-based ETF inflows of 200 billion yuan in the past week and the highest in a single week are expected to continue to provide support for reducing market fluctuations and blocking irrational sell-offs; active ETFs and subjective funds maintain a high level of intensity in speeding up approval and private equity filing.

Fang Yi, chief strategy analyst at Cathay Pacific Haitong, released the latest research report saying that market stabilization and turnaround may not be far away. Fang Yi said that despite the resurgence of the US-Iran conflict, the marginal impact is not as strong as in March-April; North American CSP vendors will release financial reports and guidelines in the past two weeks, but market expectations have already been lowered; broad-based ETF inflows of 200 billion yuan in the past week and the highest in a single week are expected to continue to provide support for reducing market fluctuations and blocking irrational sell-offs; active ETFs and subjective funds maintain a high level of intensity in speeding up approval and private equity filing.