Produced by | Beijing Haizheng
1. "American Yahoo Finance" article on May 24: Whether it is the stock price or P/E ratio , investment opportunities have emerged again. 's high in February last year to its low in March this year, the Chinese stock market experienced a 279-day decline, with a cumulative decline of 54.3%. Since the compilation of the MSCI China Index, the Chinese stock market has experienced 6 declines of more than 30%, with an average decline of 286 days and an average decline of 55.5%. Whether it is the length of the decline and the decline, both are close to the average of the past sharp drops, and the Chinese stock market has limited room for further decline. Currently, the P/E ratio of China's stock market is only 11.7 times, far lower than the historical average of 14.5 times. It should not be difficult to obtain an average return rate of 5% to 10% per year in the next five years.
2. American Barrons' article on May 24: International authoritative rating agency Morningstar said that if you invest in Chinese banks, you should choose CCB and Agricultural Bank . is because of their attractive dividend yields that make their earnings attributes more defensive. In the current market environment, Morningstar believes that state-owned bank stocks are a defensive investment because they form an important channel for supporting the credit strategy of the People's Bank of China. In a period of severe stock market fluctuations and weak investor confidence, the growth of fees and net interest has become the key factors in bank earnings growth.
3. "BlackRock" May 24 article: David Hsieh, product analysis department of BlackRock Investment Information, said that market fluctuations have become the norm in 2022. David said that the US Federal Reserve's interest rate hike will indeed cause financial market fluctuations in the short term, and for investors, this has instead brewed a buying point for entering the market at a low point. The purpose of interest rate hikes is mainly to curb inflation. How to fight inflation ? David pointed out that energy, mining-related stocks, financial stocks, and bank stocks are indispensable investment targets for investors. Investment targets that can bring growth momentum and have long-term optimistic trends include: the meta-universe of the technology industry, 5G, artificial intelligence, cloud technology and other themes; green metals such as copper and lithium in the raw materials industry, as well as industries such as finance, real estate, health science, energy, mining, and gold, all have investment opportunities worth exploring.
4. "US Standard & Poor's Global Product Insights" article on May 24: International Energy Agency (IEA) analyst Leonardo Paoli said that by 2030, the demand for battery metals will increase significantly and exceed expectations, especially lithium will increase by 6 times. IEA has predicted that electric car is expected to account for 30% of all global cars sold by 2030. This goal requires about 10 times to increase the battery production capacity. The supply of some minerals such as lithium will need to increase by up to one-third to meet battery demand for electric vehicles. In 2021, nickel-based positive electrodes such as nickel manganese cobalt and nickel cobalt aluminum will occupy a major share in the electric vehicle battery market, with a proportion of 75%. And LFP ( lithium iron phosphate ) has increased its share to 25% in the past two years. IEA expects the share of LFP batteries to continue to increase by 2030, as the battery is ideal for entry-level and mid-level electric vehicles. According to the IEA's forecast, demand for lithium will increase by 6 times to 500,000 tons by 2030.
5. "British Schroders Group" May 24 article: rate hike cycle How to achieve both offense and defense? Some highly sought-after growth stocks have suffered significant losses in recent months. In contrast, high-dividend stock not only demonstrates better resistance to declines and has a relatively reasonable valuation level, but dividends also help increase the returns of the investment portfolio. In a volatile market, allocating this type of stock is like keeping a low profile and can play a defensive role. You can find some good choices in public categories, consumer essentials and real estate sectors. Investment growth related to technological innovation and the popularization of new technology products is still expected. A pullback may be a good opportunity to buy selectively. Investors may wish to pay more attention to the value chain related to the investment theme of innovation and transformation, so as to achieve both offense and defense.
6. "European moderndiplomacy Network" article on May 24: What are the market expectations and policy expectations when the stock price of falls? Judging from the market trend in March, changes in external variables have been absorbed, but recent stock market fluctuations are more likely to be exacerbated by changes in internal factors. Judging from the economic data in the first quarter, the overall economy is still resilient and has a stable foundation. However, to achieve this year's economic growth target, it is still necessary to strengthen the implementation of macro policy . This is not only conducive to the stability of the capital market, but also to the overall economy.
7. "Hong Kong Fish Private Equity" Article on May 24: Sun Fang, deputy general manager of SPDB Morgan , said that the liquidity environment of A stock market is relatively friendly, and will focus on three directions in the second half of the year. The upward trend of the market trend of will depend on the transmission speed of broad credit, the recovery of the prosperity of some sectors and the improvement of profits of listed companies. The second half of the year will focus mainly on three directions: first, focus on marginal improvements in manufacturing, such as automobiles and their supply chains, which may usher in recovery; second, optional consumer goods that benefit from economic recovery; last, growth sectors with large declines in the previous period and have fully absorbed valuations and uncertainties. But high-quality companies are needed. This year, the quality of stocks is more important than the elasticity of the industry.
