Since 2021, the market value of the Beijing Stock Exchange, which has completed its fifth anniversary, has exceeded 800 billion yuan. The Beijing Stock Exchange's expertise and new development are highlighted, and it is inseparable from the help of incremental capital such as public funds. Gu Xinfeng, director of Huaxia Fund's stock investment department, recently said in an interview with the Securities Times that as public funds continue to invest, the Beijing Stock Exchange's policy expectations are gradually moving from a “reform narrative” to a stage of implementation and implementation. Gu Xinfeng believes that the highly flexible market on the Beijing Stock Exchange usually occurs when the three conditions of “undervaluation or deep adjustment, catalytic policy or industrial theme, and significant increase in turnover and turnover” occur simultaneously. Fund investment should focus on studying industry sentiment and marginal changes. It is necessary not only to avoid the “desert” of investment, but also to avoid valuation risks in the AI boom.

Zhitongcaijing · 1d ago
Since 2021, the market value of the Beijing Stock Exchange, which has completed its fifth anniversary, has exceeded 800 billion yuan. The Beijing Stock Exchange's expertise and new development are highlighted, and it is inseparable from the help of incremental capital such as public funds. Gu Xinfeng, director of Huaxia Fund's stock investment department, recently said in an interview with the Securities Times that as public funds continue to invest, the Beijing Stock Exchange's policy expectations are gradually moving from a “reform narrative” to a stage of implementation and implementation. Gu Xinfeng believes that the highly flexible market on the Beijing Stock Exchange usually occurs when the three conditions of “undervaluation or deep adjustment, catalytic policy or industrial theme, and significant increase in turnover and turnover” occur simultaneously. Fund investment should focus on studying industry sentiment and marginal changes. It is necessary not only to avoid the “desert” of investment, but also to avoid valuation risks in the AI boom.