Currently, the fundamentals of the Chinese economy are very poor, but not so bad. The fundamentals of the Chinese stock market are also very poor, but not that bad either.
Both the Chinese stock market and Chinese concept stocks in the USA are severely oversold, and now the clarion call of the bull market has already sounded.
If you think the Chinese stock market is driven by policies, then now the policies have arrived, and more bullish policies will be introduced in the future.
If you are an economic analysis expert, as the USA cuts interest rates to start an easing cycle, it indicates that the hardest times are already behind us and things are starting to improve.
If you are a stock expert in the USA, Goldman Sachs, Morgan and other institutions all believe that big A is worth paying attention to and have already started laying out.
Stock trading is trading expectations, the time when expectations are clear is more important than speed and intensity.
So you can enter the market not only when it's at 2 dollars, but also at 5 dollars, and even at 10 dollars, but never wait until it reaches 50 dollars before entering the market.
Personal recommendation on stock selection:
Low pb, below 2.
Circulation within 10 billion yuan.
With dividends
new industries
Backed by state-owned enterprises
Of course, everyone has their own strategies, and the stock market is not invincible. It's all about adapting to the situation. Entering the market now is a good time.
After all, the Chinese people are wealthy (household deposits of 145 trillion), just a trillion entering the market today can generate such excitement, the potential is huge.
Looking at it from a different perspective, besides real estate, what else is there for ordinary Chinese people to invest in for appreciation? Stock market and entrepreneurship.