Fang Yi: China's stock market is in a buying window period

Guotai Haitong's Chief Strategist Fang Yi stated that the Chinese stock market is in a buying window period. Fang Yi pointed out that the core inflation in the United States is flattening and international oil prices are in the range of 60-70 US dollars per barrel. The decline in US inflation from July to August will ease the restrictions on interest rate cuts; The breaking of rigid redemption, weakening of traditional commercial product returns, and the end of manual interest payments are increasing the asset management needs of high net worth and corporate clients; Since June, the pace of private fund filing and public fund approval has accelerated, and the reconstruction of absolute return positions has brought net inflows and market support; Global AI investment and energy transformation enhance the growth expectations of China's technology, manufacturing, finance, and some resource industries, and the mid-term profits of related industries will increase.