Chen Guo: It is not advisable to be bearish on the Shanghai Composite Index at 3900.

Chen Guo, Deputy Director and Chief Strategy Officer of Oriental Fortune Research Institute, stated that the significant net inflow of broad-based funds is a strong signal. In the second half of the year, micro liquidity will be better than in the first half, regardless of external turbulence. It is not advisable to be bearish on the SSE 3900 index. The index has limited downside potential, with room for growth in the second half of the year. It is recommended to first add assets that have been mistakenly sold off, stocks that have reported better-than-expected mid-year performance, and blue-chip companies.