In the economic upswing stage, companies with higher assets will fully benefit from economic expansion, because in the case of improved demand, the company's profits will grow strongly, or the growth will last longer. Typical industries include: non-ferrous metals, high-end equipment, optional consumption, offline services and so on.
The long-term prospect of alcohol is optimistic, and there is a large room for growth in sub-sectors such as condiments and quick-frozen foods. "Looking forward to 20021,the liquor industry may usher in differentiation. For example, the current fast-growing third-grade liquor is overvalued and its future valuation may fall; On the contrary, the valuation of high-end liquor is more reasonable and has greater potential. ; Some upcoming new shares are also worth looking forward to. "
With the negotiation of China-EU Comprehensive Investment Agreement, China's competitive advantage lies not only in its low price and cost, but also in its comprehensive cost-effectiveness. Not only in developing countries, but also in developed markets in Europe and America. Investment opportunities in export chain are not "flash" brought by popularity, but lasting vitality.
The "Fourteenth Five-Year Plan" puts forward "five security": national defense security (military industry), food security (planting chain and seeds), technical security (semiconductor, innovation and network security), energy security (new energy) and resource security (non-ferrous metals). The capital market has begun to reflect this change, but this is only the beginning. "We tend to be optimistic about the opportunities in the field of technology and growth at the beginning of the year, especially those policy-oriented strategic emerging industries that currently have certain valuation advantages in emerging, military, electronics, communications and other fields."