Wanguo: There are still 30% rising space in the second half of Chinese stocks

Wanguo, chief strategy analyst interpreter of the Chinese capital in Hong Kong, said that the worst of the economic period had already begun to recover, and that the Chinese stocks in the second half of the year were still optimistic, and that there was still 30% room for growth. He pointed out that according to the bank's bottom-up earnings forecasts, the PRITLE-C index 09 growth of 15.7%, while the real estate, coal, automobile and other industries are likely to further increase earnings forecasts, electricity is likely to reduce profits, valuation, pritle-c The relative value of the index is still below the historical average of 04, but it has returned to the level before the collapse of Lehman Brothers. He pointed out that many investors are worried that the current P/E ratio may be high, but in a recovery period, the reasonable valuation can be further enhanced, from the international valuation is relatively backward, the PRITLE-C index relatively high valuation, but the dollar bias, and the continued infusion of liquidity from the Hong Kong Regulatory Authority will support the continued rise　　The flood of liquidity will not change in the next six months. The bank is optimistic about Alibaba (01688), ping Bao (02318), Huarun Land (01109), Merchants Bank (03968), China Overseas (00688), Oriental Electric (01072), po Posture (00589) and Tencent (00700) and so on.