<h1 toutiao-origin="h1" > Huiquan Fund Liang Yongqiang: The overall risk of the market in the fourth quarter is not large</h1>
China Securities Network News (reporter Li Huimin) on October 19, Liang Yongqiang, founding partner of Huiquan Fund and manager of the eighth Golden Bull Fund, said in the live broadcast room of the China Securities News "Golden Bull is coming" that there is no need to worry too much about the overall risk of the market in the fourth quarter, and the market will maintain a structural market in the future. At present, the price-to-earnings ratio of the A-share market is about 20 times, the valuation level is at about 40% of the historical quantile, and the overall valuation of the market is in a relatively healthy position. For the future trend of the market, it is necessary to judge the profit growth rate of listed companies. At present, the profit growth rate next year is expected to remain at 10%, and the overall risk of the market is not large.