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Yang Delong: We don't have to worry about bubbles until the market rises further and a lot of money floods in

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2024-10-08 11:03:53
On October 8th, Yang Delong, chief economist of Qianhai Open Source Fund, said, "At 8:10 this morning, I had a live connection with Mr. Lin Yuan, and our views are very consistent. We believe that this round of market offers young people the opportunity to turn around and is also a major investment opportunity. At present, many high-quality assets are still undervalued, far from the level of generating bubbles. We don't have to worry about bubbles until the market rises further, or even a large influx of funds. At present, the market is still in the first stage of rise. This stage is characterized by a large influx of funds, and the volume of transactions continues to reach new highs, and even the volume of sky is released." On September 30, the volume of the two cities broke through the 2.50 trillion, and the volume of sky is released again today. In the first stage of the market rally, investors should hold high-quality assets and wait for the market valuation to recover. After the rally, the market may have a quick correction, which will provide investors with a second opportunity to rise. For investors who failed to enter the market in time before, they should seize the opportunity of correction after the first wave of market rally to make arrangements. Everyone should maintain confidence and patience in this bull market.
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