19th Party Congress:
Pay attention on new area and new trend: victory in building an overall well-off society.
Find certainty investment opportunities: more structural opportunities than Incremental allocation opportunities.
Avoid potential risk: maintain a balance.
Although there is economic downturn pressure, but the whole market run stable now, not serious enough to led a policy reversal.
Financial deleveraging has started to show effects in some indicators, but regulatory pressure may last for a while yet.
Peripheral economic environment present a total stability, while the uncertainty over the future is still high.
Monetary policy tighteningand won't happen along with regulation strengthening again.
But still exist the periodic risk of fund liquidity shortage.
Copyright by FangQuant.com