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CITIC Securities Chen Guo: Funds hesitate and doubt, only then can there be a slow bull market with fluctuations.
On November 19th, Jinshi Data reported that on the morning of November 19th, Chen Guo, Chief Strategy Officer of CITIC Securities, wrote that in a market that has been continuously sluggish and where investors lack a sense of gain, even if it welcomes a major turning point, it is probably a luxury to talk about the firmness of investor sentiment. Many funds are inevitably fast in and out, jumpy. Just get used to it, it will gradually change. What I see is that from the policy side to the fundamentals, step by step, progress and improvement are made, and funds hesitate and doubt, which is why there is a slow bull market with shocks.