Xu Yi Li: The Future Of A Shares From The Change Of US Stock Industry

Before investing in a long term, it is good to think about the long-term development of things.

The United States is in front of China, and the US economy is also in front of China. As an economic reaction stock market, the United States naturally walks ahead of China.

Taking a comprehensive comparison of some typical blue chips between China and the United States as an industry, we can also see what extent China's so-called leading industries are now facing before world class veteran hegemonants, which is very enlightening for long-term investments.

The dominant industries in the United States are embodied in several industries, such as finance, emerging technology, high-end manufacturing, medicine, and consumption. These are obviously the key industries for us to establish global economic advantages. The leading industry in the United States is definitely the world class hegemony and is far ahead in the world.

From the perspective of US stocks, the most advanced stocks are new technologies, medicine and consumption, and there are many blue chips that can not be underestimated.

In our view, the automobile industry hegemony General Motors, the market value is also a fraction of the Apple Corp.

Of course, finance is also a hegemonic position. After all, the United States relies on this to formulate global rules.

In real estate, the US stock market has become chicken ribs.

On China's

The Big Mac is full of finance, real estate and petroleum and petrochemical. It clearly reflects China's absolute monopoly on the two resources of land and finance.

Judging from the general characteristics of these industries in China and the US, we can not say that the industry in the United States must be the future of China's industry. After all, the two countries have different development characteristics and development paths, but there are still many things that can be regarded as precursors: first, finance and real estate, China is a counterattack in this field.

Our banks are frequently in the trillions of market capitalization. ICBC, CCB, ABC and BOC are almost the top 10 in the world, and ICBC is the number one in the world.

Insurance giant China Life and Ping An are also foothold. Our brokerages are worse than Goldman Sachs and big moo.

China's real estate is also a large number of large enterprises.

Chinese

More than 10 years ago, after almost a collective bankruptcy, it was established as the foundation of the country. For so many years, it has always been protected by a golden key in the greenhouse, and has become a big Mac with real estate.

The United States is a leading financial system in the stock market, while China is a banking dominated financial system.

Corporate financing in the US mainly depends on the securities market, while Chinese enterprises rely mainly on bank credit.

It is no wonder that the total assets of the US banking industry are only 10 trillion dollars, while China's banking assets are nearly two times that of the United States, and the number of banks is still small.

The stock market is a barometer of the US economy and the banking industry is a barometer of China's economy.

As for real estate, China still has to build large-scale infrastructure.

China's financial and real estate history is certainly brilliant, and the future is brilliant. Their market value may still remain, but the market share will be a continuous decline in the years ahead.

And the industry is dispersed, rather than being partitioned by several giants.

This is doomed to fail to become a medium and long term high return for A shares.

Second,

Field.

Paradoxically, China is, after all, a world factory, and there must be some relatively large manufacturing companies.

But we often hear that China's manufacturing lacks competitiveness, so the leading companies in the A share market are once the leading parts of the US manufacturing industry.

It can also be seen that if we engage in long-term investments, this is one of the most important areas in our A share.

Not only do these industries have a high rate of return, but the gap between us and the US giants is far too far from horizontal comparison.

Our giant has nothing to do with the American magnates. It's a comparison between an elephant and an ant.

Medicine is weak in China for a long time. That's true. Look at the past few years.

Consumption is the lack of brand consumption concept, and has just been established.

Moreover, these two industries are opening to the international giants first and the most thorough. The pressure on domestic enterprises is the biggest and the unfair treatment is the most.

For example, the local protectionism encountered by Shuanghui in cross regional development.

Fair and sunny development of soil is the primary solution for this industry.

The huge population and consumption potential of China are unsettling with the absolute number of leading enterprises, which is bound to be China's potential stock market.