Hexun Investment Advisor Huang Qiongke: Has the golden buying opportunity in A-shares arrived?

The current market feels a bit like doing a ritual inside a screw shell. The entire index is supported around 4050 points, with resistance near 4150 points, fluctuating back and forth by about 100 points. In the middle, there are influences from the US-Iran war on global inflation expectations and pressure on the tech sector.

But our focus is on the key points: First, the impact of the war between the US, Iran, and Israel on the stock market should gradually fade. Moreover, Wall Street heavyweight Mike publicly expressed optimism about Hong Kong being undervalued. So, we should now observe foreign investors’ attitude towards us, as this indicates the direction of new inflows. Today, Hang Seng Tech fell then rose again, closing with a 1.5% gain. This logically reflects a certain attitude, as most current volatility is driven by external factors, which should be taken seriously.

Second, during this adjustment and fluctuation, we’re not predicting but responding with a strategy called style switching. You can see that the core leading sectors haven’t changed. Even today, liquor stocks rose. Our consumption data and social financing data showed significant improvement in January and February, with CPI up 1.13% year-on-year. So, will this lead to a shift in the overall trend? An important core direction is that the major indices are gradually not at high risk, but rather, it’s about finding the right direction and seizing key intermediate opportunities.