Chen Xing, chief macro analyst at Huafu Securities, said that the current valuation of A-share core assets has more fully reflected the market's cautious expectations, and the equity market allocation value has gradually become prominent. In the future, as long as profit margins stabilize and liquidity expectations are moderately restored, equity assets will be resilient to upward recovery. He advised investors to avoid short-term emotional disturbances, avoid leaving the market in a panic, focus on high-quality targets with a good match between performance and valuation, and maintain a rational and patient layout.

Zhitongcaijing · 3d ago
Chen Xing, chief macro analyst at Huafu Securities, said that the current valuation of A-share core assets has more fully reflected the market's cautious expectations, and the equity market allocation value has gradually become prominent. In the future, as long as profit margins stabilize and liquidity expectations are moderately restored, equity assets will be resilient to upward recovery. He advised investors to avoid short-term emotional disturbances, avoid leaving the market in a panic, focus on high-quality targets with a good match between performance and valuation, and maintain a rational and patient layout.