Lin Yuan: Consumer stocks have completed the removal of bubbles and ushered in the dawn of value reconstruction.

Lin Yuan, Chairman of Lin Yuan Investment, said that overall, the market in the Year of the Horse will continue to rise, with consumer stocks undergoing a bubble burst and welcoming the dawn of value restructuring. From the perspective of industries and companies, excellent enterprises that have been overlooked by the market for the past one or two years and have been sitting on the "cold bench" are continuously improving their operations. Companies with core competitive products are entering a new stage of growth. Among these companies, there are pharmaceutical companies as well as food and beverage companies. Looking back over the past 20 years or even longer, although there have been times when people have said "consumer slump", the profit levels of these companies have continued to be stable, with no significant losses as expected, remaining money-making machines. Today, these companies have few new competitors and maintain a stable competitive advantage.