Credit Suisse publishes a report on the outlook for the Chinese market in the second half of the year, saying that it is believed that the mainland needs to adopt more strong policies and policies to support the consumer and internal housing industry, as well as the transformation of dynamic zero clearance strategies in order to stabilize the economy and the market. Looking forward to the future development of the industry table in the second half of the year, investors should focus on China's reopening (reopening), policy incentives and regulatory release.

It is expected that China's stock market can continue to reverse, due to continued economic growth, supervision and control, epidemic control, and policy incentives, but due to the lower profit forecast, it has decided to lower the Hang Seng Index target from 26200 points to 24700 points, the MSCI index from 91 points to 85 points, and the deep index from 5760 points to 5050 points.

Credit Suisse said that since the end of April, driven by the stimulus measures, China's stock market has regained momentum step by step, and the economy has suffered due to the expected rise in epidemic control and supervision, and the market performance has been better than in other markets. The Bank of China noted the stock market performance in the first half of 2022 and recognized that even after the recent market rally, the overall valuation of Chinese stocks is still very attractive.