On June 27th, Guolong Hui reported that the European, American, and Japanese stock markets have performed well in terms of profits this year. Citibank's investment strategy and asset allocation manager Liao Jiahao admitted that global equity investment provided good diversification opportunities this year, except for A-shares in Hong Kong. Citibank set the target price for the S&P 500 index at the end of this year and mid-next year at 5600 and 5700 points respectively, with a 2.2% and 4.1% increase from the current price. Although the chance of a 5% to 10% correction in the US stock market is expected to increase in the second half of the year, he believes that investors should take the opportunity to buy on the dip, especially bullish on technology and medical care stocks in the US stock market. This year is a presidential election year in the United States. Liao Jiahao pointed out that no matter which candidate is elected as president, the overall corporate profits of the US stock market will remain strong, with an expected growth of about 10% to 12% for the whole year. He believes that the profitability of the US stock market can still support its valuation.