Creating New Highs

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A-share rebound into the "transition period"

-Our correspondent He Huihong analysts believe that if the market rebound into the correction phase and normal operation phase, then the first phase believe that has been over, and the second phase still need to wait for the fundamentals of further tamping, the market is in these two stages between the "transition stage."  Key point: The main factor that the risk appetite affects the market rebound space at present should be investor's risk preference. Examine the four main indicators of risk appetite: turnover, change of hand rate, cyclical industry yield and 10-year bond yield and 1-year bond yield difference. The recent market has been creating new highs, but ...

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