Dongfang Wealth Securities Chen Guo: The market in the third quarter has the conditions for "rebalancing", and assets previously "wrongly killed" are expected to recover first.

On July 13, Chen Guo, deputy director and chief strategist of the Oriental Fortune Securities Research Institute, stated that the internal and external environment of China's stock market in the third quarter has the conditions for "rebalancing". In the process of market transitioning from single to multiple, it is expected to gradually repair assets that may have been "mistakenly killed". For example, attention can be paid to high-quality blue-chip assets that experienced significant declines in late June due to extreme market differentiation and "panic selling". In terms of overall industry allocation, Chen Guo recommends focusing on non-banking financial institutions, innovative pharmaceuticals, the internet, essential consumer goods, gaming, coal, lithium batteries, and more. In terms of themes, it is suggested to focus on commercial aerospace and robotics. In the medium term, Chen Guo still sees the value of configuring leading companies in the domestic AI industry chain.