Financials Jun 28, 2022 10:35 AM (GMT+8) · EqualOcean
Gaoshanwen, chief economist of Anxin securities, said at the mid-term strategy meeting that China is approaching the high-income threshold of the world bank, and has basically maintained the economic growth level of 4.5% for a long time. There is no suspense about crossing the threshold in the next 2-3 years. From the perspective of micro indicators, at present, economic fundamentals are improving, bank lending is more active, the liquidity environment is further improved, the government's steady growth policy continues to work, and negative factors are no longer worsening. Based on this, the market has rebounded significantly. Gaoshanwen believes that the market is still in a normal rebound process driven by valuation repair and improvement of fundamental factors, and will continue for a long time. At present, the valuation level of a shares is not high in history.

This text is a result of machine translation.