2017年中国股票市场回顾与2018年展望
文章摘要:2017年中国股票市场在金融严监管的背景下表现稳定,新股发行实现常态化,A股成功纳入MSCI标志着中国股票市场的对外开放水平迈上新台阶,A股走势进入市场分化阶段,蓝筹股估值稳步回升,消费周期股领涨。2018年供给侧结构性改革将持续发力,“去杠杆、补短板”预计会成为政策重点,全球经济复苏开启货币政策正常化进程,整体流动性将稳中趋紧。2018年中国股票市场在价值投资的主线下,将会迎来更多的结构性机会。
Abstract:In 2017,China’s stock market was stable under the background of strict financial supervision. The issuance of new shares was normalized. The successful inclusion ofA shares in MSCI marked a new stage in the opening up of China’s stock market. The A-share market entered a stage of market differentiation. Blue chip stocks Steady rise in value,consumer cycle stocks led the gains. Supply-side structural reforms will continue to exert ... 展开