We must be full of confidence in the bull market of core assets

　　Before, we were still lamenting that the Shanghai Stock Index failed to return at 3,600 points. The result was a breakthrough yesterday and a new high in the past five years.

　　Before, many people were still skeptical that the organization group was about to collapse, and the leading stocks were going to work.

As a result, the leading stocks counterattacked strongly yesterday.

　　Yesterday, the Shanghai Stock Exchange Index closed at 3608.34, its highest point throughout the day, an increase of more than 2%, which is undoubtedly due to the leading stocks.

Leading stocks are the core assets of China's economy, and there is no more doubt about this.

　　Although individual stocks also rose in large areas yesterday, it was still large companies that rose much.

Regardless of whether it is the Shanghai Index or the Shenzhen Component Index, after 10:30 in the morning, there is a clear scissors gap.

After the scissor gap appeared, the large-cap stocks performed significantly better than the small-cap stocks.

　　Recently, Daco has been emphasizing a point of view that is to embrace core assets and embrace leading companies with large market capitalization.

We should no longer doubt the bull market of core assets.

　　There are three indexes representing core assets, SSE 50, CSI 300 and ChiNext Index.

The Shanghai Stock Exchange 50 Index rose 3.43% today, the Shanghai and Shenzhen 300 Index rose 2.85%, and the ChiNext Index rose 2.83%, all stronger than the Shanghai Index.

　　In addition, the Shanghai Stock Exchange 50 Index and the CSI 300 Index have both broken through the 2015 bull market highs and are infinitely close to the bull market peak in 2007. Isn't this a bull market for core assets?

　　So, since it is determined to be a bull market, how do we operate?

I think that is to firm up my judgment and unwaveringly, and then resolutely implement it.

　　What will happen to the market next?

　　I still have no judgment on the short-term market outlook, but we must be full of confidence in the bull market of core assets.

(Zhang Daoda)