Huang Yanming: The "dumbbell-shaped" market has ended, and future opportunities in A-shares will be in mid-cap blue-chip stocks.

Huang Yanming, director of the Oriental Securities Research Institute, expressed that overall, the A-share market this year has been "trading sideways with slight strength", but this "strength" will not be a bull market like last year. The previous increase in economic growth and quality has raised market expectations, so it is necessary to wait a bit ahead. In terms of market style, Huang Yanming clearly pointed out that the market trend of "dumbbell-shaped" at both ends has ended. With investors shifting towards moderate risk preferences as opposed to low risk preferences and high risk preferences. The future investment opportunities in the A-share market lie in "mid-cap blue chips".