Zheshang Securities Economist Forecasts Next Major Rally for A-Share Tech Stocks Between Mid-August and Mid-September

Deep News06-29 18:40

According to remarks made at a mid-year strategy summit today by Li Chao, the Chief Economist at Zheshang Securities Co.,Ltd., the primary factor influencing market risk appetite is the ongoing strategic competition between China and the United States.

He stated that the next significant opportunity for the markets, particularly for technology stocks on the A-share market, is anticipated to occur from mid-August to mid-September.

This timeframe is projected because a notable improvement in risk appetite from both Chinese and U.S. sides is expected during that period.

In contrast, the months of June and July are likely to be characterized predominantly by market volatility and consolidation.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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