According to Meng Lei, an analyst of UBS Group in China stocks strategy, the effect of the real estate loose policy may have begun to be released in the media sharing meeting. With further relaxation of real estate and financial policies, A-share valuation is expected to slightly rebound in the second half of the year. The stabilization of the real estate market is expected to be the main catalyst for the upward trend of the market in the second half of the year. Many long-term funds, including retirement funds, social security funds and insurance funds, are expected to continue to flow into the A-share market, lifting the valuation center.
瑞银证券孟磊：A股估值有望在下半年温和回升
UBS Securities' Meng Lei: A-share valuation is expected to moderately rebound in the second half of the year.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.