first of all, we should make it clear that the theme of stock trading is the first, the technology is the second, and the basic is the third.

Just because you say that the fundamentals of Ningbo Port and Dalian Port are good (I don't see which is good) doesn't mean that the money is good!

from a fundamental point of view, Ningbo Port can only say that its operation is stable, the industry risks are small, and there is no possibility of ups and downs. At the same time, it also denies the possibility of explosive growth. The compound growth rate in the next three years is only 11% (optimistic estimate). Although it is growing, in other words, it just beats China's GDP growth by one or two points!

The industry is trapped in the development of basic scale. In other words, there is basically no other possibility to increase revenue except to increase the port throughput by raising prices (the throughput is limited and can't be increased indefinitely)! So we can only say that the performance is stable, but we can't say that the fundamentals are good! Similar industries include airports, highways, banks and so on! The dynamic P/E ratio is 17.75, which seems to be low. In fact, it is not low according to the company's growth and industry!

technically, it is understandable to fall back with the market, and at the same time, we should remember the characteristics of the industry: the ups and downs will always make up for the ups and downs, and they will always be the first to hit the stock market (not absolute). There is also a saying that if the airport expressway port rises, you should consider selling stocks (they are always the last bus)

If there is a Ningbo port, you can make up the position near 3.5 and consider going out after rebounding (such stocks are generally just standard stocks of fund brokers), never listen to what brokers say.