The Stock Market Crash Makes People Cool, And The Fund Begins To Pursue "Security" Assets.

Last weekend, US stocks plunged more than 2%, and European stock markets also fell sharply with US stocks. In the eyes of fund managers, a sharp drop in the periphery or a certain impact on the A share market.

In addition, with the approaching of the Mid Autumn Festival and the National Day holidays, the atmosphere of capital wait-and-see is unprecedented. Some of the fund managers choose to control their positions and pursue "safe" assets before the festival.

For the consumer goods sector, which is favored by the previous market, fund managers believe that their valuation is not high, but growth is weak.

Under the CPI low operation, the growth of consumer goods prices is low, which is not conducive to the improvement of enterprise performance.

In the medium term, a fund manager in Shanghai believes that

There is no special risk factor. It is expected that the market will remain stable in the past one or two months, but there will be some hidden troubles in the long term economic growth, and the market will maintain a range of shocks.

In the concussion market, the anticipation of large market fluctuation has little contribution to earning excess earnings, and the way of adjusting the structure actively is more suitable for the present market.

It is worth noting that the two types of assets are better in the near future. One is PPP, and the market thinks PPP has the significance of encouraging private capital.

It will be more widely applied, and the related companies have made good orders and performance since the two quarter.

Related stocks have performed very well in the past month, valuations are generally 20 times to 25 times.

But construction stocks belong to traditional industries, and the valuation space is limited. Some fund managers believe that the theme of the short-term or high position.

The other is the smart phone industry chain, which has better matching performance and valuation.

Before and after Apple's 7 release, new products related stocks were hyped, such as dual cameras, waterproof, antenna and battery suppliers.

In addition, fiber optic cable, paper industry has also achieved a "counterattack" from the unpopular industry.

Zhou Xuejun, a fund manager driven by Haitong's reform, believes that from the recent hot stocks, the whole market is pursuing "security" assets, requiring "safety" as the basis, with better performance and reasonable valuation, and selecting valuable growth stocks.

Many fund managers expect that in the future, the above value biased

It will continue to be popular, but it will focus on electronics, communications, light industry, building materials, chemicals and other industries.

In addition, the supply side reform is an important task this year. Fund managers are expected to continue to exert their strength in coal and steel.

In investment, we should pay attention to the matching degree of supply and demand, and not just focus on the supply side.

Because this year's market is not a trend strengthening type, the market hot spots are often changed, which challenges fund managers' operation ability and rhythm control ability.

According to the insiders, for ordinary investors, the fund managers who are good at digging up value growth stocks can be concerned. They can grasp the opportunity to segment industries and stocks, and try to grasp the cycle of positions well, such as the rich countries, low carbon new economy, the strategy of UBS, the low carbon theme technology, the social responsibility and the vitality of huitianfu.