?Recently, a shares have been in adjustment, but last Friday's market rebound also gave the market a boost. Wang Sheng, deputy general manager of shenwanhongyuan (Hong Kong stock 11223) Securities Research Institute, summed up the changes in the capital market since this year, and shared his latest research views on the current market performance from the perspective of investment strategy. In his opinion, although the valuation and price performance of a shares have been highlighted, the fundamental trend has not improved, and the whole market still needs to wait patiently. Affected by the Sino US trade war and domestic financial deleveraging, the market has continued to fluctuate and adjust since this year. Wang Sheng pointe腾讯分分彩是谁主办 d out that from the current A-share market valuation position, valuation price performance has been highlighted, among which value shares are increasingly attractive. For example, the proportion of companies with a dividend ratio greater than 4% and a dividend ratio greater than the yield of treasury bonds continues to rise. From the perspective of the median value of the fund's net value, it has also been in a low position in history. However, from the basic point of view, in the first three quarters of 2123, the prosperity of small and medium-sized enterprises continued to decline, and the reform of social security collection and management system increased the possibility of negative growth of corporate profits in 22 years, and many signals showed that the trend has not improved. Wang Sheng said that China needs to further promote reform in the face of domestic and foreign troubles. In the future, in addition to innovation, expanding domestic demand will be the focus of stable economic growth in the near future, which is also the major direction of future investment. In the general direction, modern life-style services such as education, pension and medical care will become an important part of the policy to deal with trade friction and expand domestic demand. The other is rural revitalization and targeted poverty alleviation, which is conducive to new infrastructure.