Shenwan Paris: Focus on the opportunities stimulated by consumption

May 12 China Banking Regulatory Commission issued "Consumer finance company pilot Management measures (draft)", one months after the formal "pilot measures" will be issued, the CBRC will be in Beijing, Shanghai, Rong, Tianjin, four timing to carry out the pilot of consumer finance company. "This is a major decision by the Government to encourage and stimulate consumption," said Wei Ligang, the proposed fund manager for the consumer Growth Fund in Paris.　　As a major investment in the consumer sector of the fund, the Paris Consumer Growth Fund will focus on the direction of China's economic development, to meet the structural investment opportunities in the economic restructuring, focusing on growth opportunities under the stimulus of consumption.　　Wei Ligang said that the introduction of the "pilot scheme" would be a positive guide to changing our residents ' consumption habits over a long period of time. Talking about possible adjustments to the market in the future, Wei Ligang admits that these adjustments will give the consumer Growth fund a more appropriate buying opportunity. It is reported that Shen million Paris investment and research team will continue to track macroeconomic data and industry data changes, and actively for the new fund industry configuration and stock options ready. If the data suggest that the economy is going well and that liquidity remains plentiful, the bottom of the market is expected to be elevated. But the timing of the adjustment will be prolonged if the economic recovery is weakened or there are some problems with the funding side. From the present point of view, the probability of economic good is greater.