With the accelerated implementation of the deepening reform of the new third board, this sector has been reinvigorated, and the selected layer has attracted market attention. What investment opportunities will the new three board select layer bring to ordinary investors? According to Zhu Haibin of Anxin securities, it will bring at least three kinds of investment returns: first, participating in the public offering in the early stage to earn relatively low risk new income. Second, in the mid-term, after the opening of the selection layer to the full year stage, to earn the income of enterprise growth. Third, in the later period, when the enterprises board conversion expectation is clear, the companys valuation difference in the selection layer and the A-share market will quickly narrow.
Cai Fangyuan of Galaxy Securities said: the upward trend of A-share shocks in the medium and long term is not expected to change, but we still need to be alert to the risk of callback in the short term. At present, a shares are still relatively low as a whole, and the valuation premium of core assets is relatively small. Medium and long-term investors can closely focus on high growth technology themes and consumption fields. 1. The short-term volatility of the electronic technology industry that has been deeply recalled in the early stage is relatively small. The development of domestic equipment and brands will contribute to the accelerated development of the electronic technology industry chain, such as chips, 5g consumer electronics, semiconductors, etc. 2. In the big consumption sector, liquor, medicine, food and cosmetics are still high-quality industries.