Real Estate, Financials Dec 08, 2021 08:38 AM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 8 - CICC believes that the growth style of a shares may be temporarily restrained. It will observe whether to return to "growth" around the end of the first quarter of next year. When the focus of the market turns to "stable growth", the growth style of some A shares that have significantly outperformed the market, high valuations, high expectations and not low positions may temporarily be relatively backward, and the market style may correspondingly show a pattern of "big strength and small weakness". When the policy force comes to an end, the "steady growth" transaction ends and the growth expectation gradually stabilizes, the market begins to look for sustainable growth opportunities, and the market style may return to the growth style at that time. We roughly estimate that this time point may be around the end of the first quarter of next year.