Summary
[TEDA Manulife Fund: It remains to be seen whether the oversold and rebound trend of track stocks is established]On February 23, the turnover of A-shares exceeded one trillion yuan, the first time since January 20. Track stocks rebounded across the board, led by the semiconductor, east and west computing, and lithium battery sectors. TEDA Manulife Fund believes that in addition to performance factors, the current rebound in growth sectors is more “expected”. (China Securities Journal)
On February 23, the turnover of A-shares exceeded one trillion yuan, the first time since January 20. Track stocks rebounded across the board,semiconductorEast and West, LithiumBatteryThe sector led the gains.TEDA Manulife Fundthink, exceptperformanceThe current rebound of the growth sector is more “expected”, and the establishment of the trend needs to be observed, and it is not recommended to blindly chase the market.
TEDA ManulifefundIt is believed that there are three reasons why A-share growth stocks can “stand alone” against the background that the US and European markets have both dropped to varying degrees overnight: First, the rebound opportunities brought about by sector rotation.Secondly, the industry is basically facing a good direction, which is mainly reflected in two aspects: First, judging from the recently released performance reports, many A sharessemiconductorThe company’s performance is outstanding. The second is the logic of price increases. Third, geopolitical risks have weakened expectations of overseas interest rate hikes.
(Article source: Chinasecuritiesnewspaper)