Chen Shi: Where Is The Theme Investment Opportunity?

This week is a week of historic significance in the A share market. The opening of Shanghai and Hong Kong links has made investment in Shanghai stock market and Hongkong stock market interlinked, marking a new milestone in the process of internationalization of A shares.

Its impact on A shares is huge, mainly in the following aspects: first, the trading rules and regulatory system of stock market are gradually integrated into the international stock market; second, the stock market valuation and positioning gradually integrate into the international market; third, the investment concept is gradually integrated into the international stock market.

These large integration will greatly promote the normalization and internationalization of China's stock market, making China's stock market increasingly becoming a more open and effective mature market.

Therefore, in the long run, the significance of Shanghai Hong Kong pass is not only that funds can flow freely in the two cities, but more importantly, it will promote the standardization and development of the stock market.

Specifically, Shanghai and Hong Kong have a far-reaching impact on blue chip stocks and small cap stocks.

After several years of bear market in China, some blue chips are better than the international stock market in terms of valuation and dividend yield, but because of the large share capital and other reasons, it has been difficult to rise to a reasonable price.

On the other hand, small cap stocks are highly valued and have accumulated huge risks.

After the Shanghai and Hong Kong Exchanges, this pattern will gradually change. The size and theme of capital stock will no longer be the standard of stock selection. Value and real growth will be the golden rule of investment.

If we can not see clearly the change of this big pattern, the stock market will be eliminated in the future.

So this Monday

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After high and low, we believe it is only a temporary concussion.

In essence, it is the opportunity to cash in after the good fortune has been realized. After all, good has already begun to warm up and hype ahead of schedule.

But after those old investors are cleaned, the real value and growth investors will continue to intervene and hold in the medium and long term.

From the strength of securities, insurance and banking stocks on Friday, institutional investors once again intervened heavily.

The rising power of these mainstream blue chips includes value return and growth dividends. Insurance and banking stocks belong to value regression, and brokerage stocks belong to growth promotion.

From this point of view, the market, since the beginning of the weight blue chips Market, then the market is bound to be a new high and medium and long-term good.

We have analyzed in the early days that the Shanghai stock index has entered the main stage of the first bull market. Shanghai and Hong Kong actually disrupted the internal market's rising rhythm. After the short term disturbance, the market will continue.

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The three main blue chips, such as brokers, insurance and banks, should be important choices. Whether it is large or personal investment, these are the most strategic varieties with definite gains.

In addition, the strategic allocation of the plate and medicine, consumption and other value stocks.

Growth is undoubtedly another main line of investment.

At present, the theme investment that involves the most extensive and most attractive market is still state-owned enterprise reform. Besides, Disney, nuclear power, high delivery and other themes will continue.

There are many opportunities for SOE reform, especially those with potential restructuring potential.

The most decisive return is the Disney income board. The four largest shareholders of China are Lujiazui group (shareholding 45%), Jinjiang International (25% stake), Shanghai Wen Guang (Holdings 20%), Bailian Group (holding 10%), this is the most authentic Disney concept, and the relevant companies are worthy of attention.

The recent hype of the concept of Disney, which takes Lujiazui as the leader, is the first wave of market, and the rise of the midline after adjustment is a big probability event.

Next week, after the reorganization of the Oriental Pearl TV and blockbuster, the local stock of Shanghai will be very lively. Therefore, there are many opportunities for growth in Shanghai's local stocks, which deserve our attention.