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Lin Yuan: The real bull market has not started yet, stay firm in A-shares.
Currently (the continuous increase this week) is a small rebound after a fall, which belongs to a correction of the market index. The real bull market has not started yet.
In recent days, Lin Yuan, the first generation of A-share bull and the first generation of Sunshine private equity leader, pointed out in communication that the current continuous rise (this week's consecutive rise) is a small rebound after a fall, which belongs to a correction of the market index, and the real bull market has not yet started. The bull market will start when the Shanghai Composite Index reaches 4500 points. He is optimistic about a long-term bull market. Lin Yuan judged that the current position is still very cheap. There is no bubble in the stock market right now. The common sense of the market over the years tells him that people now do not have overflowing confidence, but rather are fundamentally "afraid". There are not many people who dare to open trading accounts, and most of them are heavily in losses. Even some institutional investors and market leaders have very low positions. So, those who talk about risks at this time lack common sense. Lin Yuan has always maintained that he is optimistic about the "mouth business" (i.e. food and beverage and pharmaceuticals). He expressed that once there is overcapacity in the "mouth business" represented by consumption and medicine, it is easy to adjust in the production process because most of the products are edible or drinkable and have expiration dates. Businesses related to the mouth are easy to "balance" and correct (production) overcapacity. Looking at pharmaceuticals, in the next twenty to thirty years, the elderly population in China will definitely increase, and the space for the pharmaceutical industry under aging is huge, which is a rigid demand. In addition, there is also corresponding market demand for senior home products. Lin Yuan also believes that there are opportunities for dividend assets and growth assets in the future, depending on individual investment preferences. He believes that there are opportunities in the market that are rare in decades, and now is the time to bend down and pick up money. Each investor has a different mindset, but they all have opportunities. He is more bullish on growth assets, such as the investment opportunities in aging populations mentioned earlier, which have very large investment space. Lin Yuan also stated that he firmly believes in China's macroeconomic prospects. The RMB should be a strong currency because it is backed by real assets. China is not a country where assets are worthless, but rather assets are undervalued.
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