Days of investment: the second half of the market to explore 3,600 points

Securities Times reporter Wan Yong, the days of investment advisers yesterday United Century Securities, Shanxi Securities held in Shenzhen medium-term Strategy report, the days of the chief strategy analyst Yanyanying that in China's sustained economic growth expectations, the decline of the stock market should be understood as "creative destruction", not destruction, Therefore, the basic strategy should be the big adjustment and the big opportunity, the small adjustment brings the reasonable opportunity to adjust the position structure.　　In the macroeconomic overall to maintain a good background, the Shanghai Composite Index is expected to explore the second half of 3,600 points. Yanyanying pointed out that as China's economy gradually out of the bottom, the signs of further improvement, which means that China's stock market began to enter the stage of recovery.　　At this stage, the recovery of the overall confidence and the stability of the economic recovery will become the main factors of the market, the performance of the stock market valuation and economic "scissors" will sometimes increase, and sometimes narrow, but the overall will show the basic trend of the rise in the band. He believes that it is time to look at the impact of national development and policy evolution on the economy from a new perspective, especially "creative destruction". Our country will enter a new stage of development, which can be understood as the new 10 years. In China's income level began to rise (middle class formation), social security is strengthened, the domestic demand-led industry will become a strong industry, the representative industry is finance, real estate, while food, medicine also into the real golden period.　　He predicted that in the overall macro-economic trend to maintain a good background, the Shanghai Composite Index is expected to explore the second half of 3,600 points. From the perspective of investment opportunities, he pointed out that each stage of development should grasp the strong industry, through the sharing of industrial growth to obtain excess income. According to the basic rules of China's economic operation in the next stage, the domestic demand industry will gain strong growth. This demand is expressed in three forms, first, the demand for investment assets to promote the expansion of insurance, securities, banks, real estate and other industries; The second is the rapid growth of consumer services, from the improvement of income level and the improvement of social security system, food, medicine, automobile, tourism and other consumer services industry is worth promising　　Third, in the new growth cycle, the dependence on resources still exist, around the resources and new energy, will deduce the pattern of the elimination of the long. The century securities that under the "Low-carbon economy" development model, new energy vehicles, smart grid and energy conservation and environmental protection of the three major areas of development will be the 21st century global "low-carbon economy" the most potential areas of development.