$Hang Seng Index (800000.HK)$ Finance｜Mainland Renowned Fund...

$Hang Seng Index (800000.HK)$ Finance｜Mainland Renowned Fund Managers: No need to use 3000 points to extend A shares by 1 million points with a maturity of 1 million points

Today (5), the topic “Experts say A shares are worth 1 million pips” hit the web search and sparked a stir in the Internet community. This view was expressed by Jiang Shing, Co-Chief Investment Officer, CHC, in the June 27 Live column of the China Wealth Cloud Conference 100 Live. Jiang Shing said in the live broadcast that A shares will never focus only on defending 3000 points. We are confident that if you take the time a little longer, you will find that the A shares are actually rising; if the time is long enough, 1 million points is also to be expected.

Jiang Shing believes that there is no need to be too insistent on whether the A stock can hold 3000 points. “If you lose it, it will come back sooner or later.” He pointed out: “You think, have we defended 2000 points and defended 1000 points? So maybe ten years from now, you'll still be asking why protect 5000 points overall? In another 20 years, you might ask, why do we always defend 10,000 points?” Therefore, Jiang Shing proposed that it is not necessary to get too involved in defending 3000 points. 3000 points have historically been just a speck of dust. In recent years, they have reached 3000 points several times in recent years, but the lowest point after each hit is gradually raised, and investment opportunities are always there.

Jiang Shing further pointed out that the high volatility of the A-share market is one of its significant characteristics. This means that investors may face greater risks if they enter the market at the wrong time. However, from a long-term perspective, the difficulty of making money will be greatly reduced if you can tolerate market fluctuations and stick to investing. Human weaknesses are easily magnified in market fluctuations, he stressed, but only overcoming them can seize the opportunity to rise in the market. “If you look at the HCHP 300 Full Yield Index, you actually find that it has not lost much to the global mainstream indices, nor even to many other mainstream indices in the global market,” said Jiang Shing. “Past performance is an established fact that cannot be doubted, the established fact is that it is profitable, although volatile.”

Therefore, Jiang Shing is optimistic about the outlook for the future A-share market. He believes that the current market start is already low, and factors such as economic acceleration and industrial structure upgrades are expected to bring new growth points to the market. Although the growth rate may decrease, the optimization of the competitive landscape and the increase in potential profitability will bring better returns for investors. He cites Buffett's famous bet, emphasizing the power of complex effects and time, encouraging investors to remain confident and believe in the long-term growth potential of the market. He firmly believes that the A-share market is expected to have more room to rise over time and the market continues to evolve. He even boldly predicted: “If the time is long enough, 1 million A-shares are also to be expected.”

Some netizens don't buy into Jiang Shing's opinion, “Have experts in this market failed like this?” , “Is 1 million points valid, is a long way off?” , “Not a few experts have been able to speak for years.” There are also some retail users who believe that Jiang Shing has a corresponding language environment, and that the 1 million point offer is overstated.