According to Guosheng Securities Research Report, at present, the pace of resumption of work and production is clear, and the improvement of economic margin is high; the important meeting will be held soon, and the policy will enter the warm-up period; the heavy policy will support the regional economic development, and benefit the real economy and financial market. We believe that the callback space is relatively limited, and the market is expected to be restrained first and then lifted. In terms of operation, we should maintain the previous view, and not be too pessimistic in the future. Domestic demand and import substitution are still the focus in the later period. Focus on domestic demand supported by policies and areas affected by the epidemic, such as building materials, automobiles, home appliances, home furnishings, leading real estate, hotels, film and television, food and beverage, etc.
Source: Yang Qian, editor in charge of Finance and economics of Netease_ NF4425