Galaxy Securities: Analysis of A-share Investment Opportunities and Industry Allocation in the New Crown Epidemic

Galaxy Securities: Analysis of A-share Investment Opportunities and Industry Allocation in the New Crown Epidemic
For stocks, please read Jin Qilin analyst research report, authoritative, professional, timely, and comprehensive, to help you tap potential potential opportunities!  Original title: Galaxy Securities: Analysis of Investment Opportunities and Industry Allocation in the A-share Market under the New Crown Epidemic. Galaxy Securities pointed out that although the new crown epidemic has caused short-term disturbances to A-shares, but after gradually digesting, the medium and long-term trend is still benefiting and counter-cyclical.Adjustment of policy 南宁桑拿 support and loose liquidity.The first phase (2020.2.3- “Inflection point”) The new crown epidemic is in the outbreak period, and it is expected that A shares will still face inherent downward pressure in the short term.In terms of industry, it is recommended to allocate finance and online games, online training, and epidemic-related sectors and stocks. It will lay down the growth main line on dips to avoid manufacturing, substitution, and consumer-intensive industries.The second stage (the spring market after the “inflection point”) When the epidemic peak (Jin Qilin analyst) period has passed, the market will enter the digestive recovery period, benefiting from the catalysis of inflection point indicating events such as zero cases or successful drug development,Investor sentiment will rebound strongly.In terms of industry, it is 杭州桑拿 recommended to configure major growth-oriented growth lines such as semiconductors, consumer electronics, new energy vehicles, etc., as well as the oversold sectors affected by the epidemic, such as catering and tourism, transportation, commerce and retail, film and television entertainment, and the continuity of market inevitability mustBoom.The third stage (expected performance after the spring market) After the spring market, the market is facing some adjustment pressure. Low-estimated banks, public utilities, machinery and other sectors welcome tactical investment opportunities. Semiconductors, consumer electronics, and new energy vehicles are represented.Growth industries and food-beverage, pharmaceutical and other robust industries are still the focus of long-term deployment.