China's Economy Is At The Bottom Of The Long Cycle.

< p > > when it comes to A share market, Luo Jianzhong, the three expert of ICBC's private banking department, believes that the performance of A shares is not ideal at present. Taking the Shanghai Composite Index as an example, it has fallen through several times. "But if we look at the whole global market, it must be a very good strategic layout. On the one hand, China's economy is at the bottom of a long period of time. Although there are many voices in the outside world, we still have strong confidence in China's overall macro-economy. Now, it is only the bottom of a rising cycle. A phased adjustment is only a small revision of the whole rise cycle. On the other hand, China's A shares have been adjusted for seven years, the so-called "seven year itch", and the current position is around 2000. Although we can not rule out the possibility that the market will still have the last drop, it is a good opportunity to make strategic layout from the index angle and the investment value of many listed companies. In addition, the nine new countries announced last week and the Shanghai and Hong Kong links announced in early April are all important foundations to support future stock market development. Now A shares are in the bull market period. Of course, it is not for everyone to buy stocks at once, but that we can pay close attention to this area and do not absolutely reject the A share market in China. He believes that the "Shanghai and Hong Kong Tong" has established a mechanism for capital flow in Hongkong and the mainland. As long as there is capital flow, there will be relatively good investment opportunities. In addition, RMB assets have not been internationalized in the past few years, and the Shanghai and Hong Kong links have taken the first step in the internationalization of RMB assets. < /p >
< p > < strong > relatively optimistic a href= "http://www.91se91.com/news/index_cj.asp" > bond market < /a > American stocks also have the opportunity to < /strong > /p >
< p > "make investment must follow" a href= "http://www.91se91.com/news/index_cj.asp" > capital flow < /a > move, so that we can get better income. After the Spring Festival this year, the market price of money has fallen back to normal, so this year's new investment strategy should be diversified allocation. Luo Jianzhong predicted that the future global capital return to the United States is a big probability event. We can no longer keep all assets only in the allocation of RMB assets. We must diversify our global allocation. Especially since February this year, the RMB has temporarily left the unilateral appreciation trend and entered a two-way fluctuation stage. If we are going to do global allocation now, the exchange rate risk will be greatly reduced. In addition, the bond market has been very popular this year. On the one hand, due to the loose liquidity of the whole market, on the other hand, a large amount of funds hoarded in the money market last year went to the bond market. He thought the bond market was relatively good this year, but there may be adjustments in the last two months. "At the same time, we are relatively optimistic about the US stock market," for three reasons: first, global funds may return to the US; this trend has taken shape; two, from the economic fundamentals, the US economy is indeed good; three, the US enters the interest rate cycle, at least the initial stage will rise, so the US stock market should be a priority in all configurations. < /p >
The nine core of < p > strong > new country is to expand direct financing < /strong > /p >
< p > the "nine new countries" introduced last week are becoming the focus of the hot debate in the market. What's the difference between the nine new ones and the old ones? Zhou Yi, President of Huatai Securities (601688, stock bar), talked about his own experience at the forum salon. "The last nine countries solved the most fatal chronic disease in China's capital market, that is, the reform of equity division system, gnawing the hard nut to crack in the capital market. The nine most important thing in the new country is to expand the scale of direct financing in the whole Chinese market financing system. This hard bone must be chew down and cannot be avoided. < /p >
< p > < strong > < a > href= > http://www.91se91.com/news/index_cj.asp > > Investment Management > /a > recommendation < /strong > /p >
< p > Jia Kang: now we are particularly concerned about how to handle the land use right after the expiration of 70 years. The property law gives a passage, which can be extended after the expiration (postponed the scheduled date or time limit). I think the government management departments should quickly clarify this matter and how to extend it. There must be a simple and convenient way, for example, re run a certificate. As for the 70 years, it is impossible for the government to confiscate your house. This is alarmist. The property law already has this framework. < /p >
< p > Song Jianhua, vice president of Jiangsu branch of ICBC: many people bought various kinds of financial products through banks, securities, trusts, funds and so on in the past few years. We can see who will buy those who have high returns on financial products, but I would like to remind you that rigid payment must be broken this year. < /p >