The consumer sector in the first half of the year was very hot, attracting a large inflow of funds. Where are the investment opportunities in the stock market in the second half of the year?
Yitong Investment believes that the structural bull market has been going on for quite a long time. The stock prices of leading companies in consumption and finance continue to hit new highs in the narrow fluctuations of the index, including reasonable industry concentration and valuation enhancement contributions. A compelling deterministic preference. This structural pattern can only change when the fundamentals are broken. Yitong Investment explained that the so-called break-up includes the rise of new leading industries and once again increased the total factor productivity.
Jin Bin, chairman of Fengling Capital, said that due to the rapid rise in valuations, most consumer stocks consumed future potential gains, and the short-term attractiveness is gradually declining. In his view, the potential appeal of future financial stocks is growing. In addition, some stocks in the traditional industries, due to the lack of new supply in the industry, and the market share and profitability of these high-quality enterprises will continue to increase, so there will be some opportunities in the market.
Beijing Heju Investment emphasizes the investment opportunities of growth stocks. It believes that the next stage should focus on high-energy industries such as energy storage, new energy, new materials and independent control. “Benefiting the industry policy-driven sector that is expected to usher in explosive growth, or some companies that currently have strong international competitiveness but with relatively low market capitalization and valuation, there is huge room for growth in the future.” Heju Investment said.xx