Cinda Securities maintains positive expectations for a rebou...

Cinda Securities maintains positive expectations for a rebound in the stock market, and is particularly optimistic about the financial sector (securities banks) and the upstream cycle sector. This is due to the stability of real estate sales, the reversal of the inventory cycle, and the correction of policy bottoms and overfalls. However, the decline in real estate exceeds expectations, sharp market fluctuations, or the black swan incident in individual stocks may pose risks.