Looking to the future, the main force still showed a preference for traditional blue chips, but also deep decline in consumption in the early stages concerns and other industries. Traditional South Fund for blue-chip market is expected to continue in its investment strategy in the report in the latest release of the second quarter, with "blue-chip values return" for the title, stark expressed continued bullish on blue-chip market in the future. "In the case of current uncertainty factors are, market rebound will be setbacks, will continue in the second quarter shock rebound pattern. Value regression of continued bullish on blue chips in the second quarter, focusing on configuration in the following sectors: one is to underestimate the value of financial and real estate; second, construction machinery, automobiles, electrical equipment, and other advanced manufacturing; three is wine with pricing power, to fight inflation, API, etc; four instead of nuclear power such as wind power, solar energy, "said road in the South. Recommended reading
· fund a quarter reduction Qian 10 unit · closed debt base PK large arena six large fund company investment policy a quarter Fund mad rejection small disk unit (schedule) 14 fund company assets management scale below baiyi2011 spring private equity Tsim peak Forum times new Fund jiancang preference machinery device Fund first Ji Jiacang 10 unit average rose over 50% second quarter investment policy will hot registration in the and in a quarter of investment combination in the, financial, and real estate, traditional blue-chip does became South Fund of focus positions industry.
According to the day that data and statistics, for the Fund's largest stocks in the South of China Merchants Bank, Minsheng Bank, CITIC Securities is also the top five. Support of traditional Chinese are blue-chip. Wang yawei explicitly said in a quarterly bulletin, runaway inflation under strong regulatory policies are not, and the stock market appeared in driven by good performance of listed companies are expected to rise modestly. Bullish on low valuations of merit represented by banking blue chip; if measures are not introduced more stringent regulation of real estate and even policy relaxed, adjust the full rise in real estate unit will have a larger space.
From position data point of view, by the end of a quarter, China market's real estate unit configuration reached 18.79%, Huaxia real estate unit allocation policy reached 18.47%, about 9 times times the industry average configuration. Yi fang da Fund said that despite the complicated economic situation this year, but remain optimistic about long-term economic development. Think the next period of time, the a-share markets are still showing a shock rise in pattern, will focus on investment opportunities in the following industries: industry is benefiting from global economic recovery, such as coal, nonferrous metals, chemicals and other industries; second industry supply and demand changes of the industry, such as cement; three is valuations are low, industry growth has exceeded expectations.
At the same time, will also actively focus on industry growth prospects good, callback too sharply, reasonable valuations gradually in the early industry of investment opportunities.
Attention to opportunities worthy of note is dropped out, while several large companies in preference for the traditional blue-chip, also indicated that it would actively concerned about falling out of opportunities, early adjusted consumer, pharmaceutical and other industries gradually entered the investment range. This to Boshi Fund as a typical representative. Overall, the Bo of preference when blue-chips, deep but also indicated that it would take into account the early decline in the consumer, pharmaceutical and other industries. Bo Fund said its licence when value, expected in the coming period, blue chips lower valuations, growth and stability will still maintain relatively strong for and small-cap stocks.
And Bo Bo under policy flexible configuration when you said, growth is clear, reasonable valuations gradually consumer shares will be gradually entered the stage of investment. Guangfa Fund also adhere to the balanced configuration concepts. GF core Fund pointed out that, with the gradual relaxation of regulation, part of the release of valuation pressure, growth is good stocks will have a good performance in the second half.
High positions in the second quarter running, maintain a balanced configuration, intensify cyclical industries such as cement, coal, and configuration of the Bank, at the same time good bargain buying growth stocks. And several other large compared to the company's passion for traditional blue-chip, harvest Fund firmly optimistic about growth stocks. Harvest growth mixed fund Shao Jian said that for some time to come, at a relatively low valuations and the larger policy under pressure from a-share market is likely to continue to render the oscillation characteristics, structure, the performance difference brings performance will continue to, growth stocks are experiencing a decline in the early style is expected to be eased the pressure. In this context, will continue to adhere to the growth of investment ideas. Through harvest Fund position detail in the first quarter, nanrui, Queen shares, ConMed pharmaceuticals, Shanghai jahwa, Guizhou moutai (600,519, unit) is in the top stocks of the column. Harvest growth mixed fund portfolio, pharmaceutical and biological products, and food and beverage allocation per cent and 16.21%, respectively.
