Recently, Mr. Zhang Haodong, chairman of Anhui Investment, accepted an exclusive interview with CbN, in which Zhang Haodong mentioned that the biggest opportunity in the next 5 months is the vaccine-related industrial chain and the military industry, and said that after the adjustment of white horse stocks, it will enter the trend of oversold rebound.
Early hot varieties, such as lithium batteries, new energy vehicles, photovoltaics, etc., some of the leading highs have appeared fatigue, whether these plates will appear staged adjustment, whether there will be market switching in August, Zhang Haodong believes that the market will enter the boom industry stage of rotation adjustment in August, this year to maintain a strong lithium battery, new energy vehicles, photovoltaics and other plates in the process of inertia rushing may not necessarily appear spike. "When the promotion of chasing high funds and the rotation of the main funds into the establishment, it is more likely to repeatedly confirm the stage top of the plate, so we think that the market in August should be a track-switching oscillation market."
At the same time, Zhang Haodong, chairman of Anhui Investment, believes that the main funds in the market will switch from new energy vehicles, photovoltaics, chip semiconductors, which are overheated and overvalued industries, to areas where growth is still very good but the location and valuation are more advantageous and safer, such as medicine and medical treatment, especially vaccines and military industries.
"After a relatively large period of adjustment of white horse stocks, we now believe that the follow-up should enter the trend of oversold rebound, but it does not mean that these big white horses have entered the trend reversal and continue to enter the rising stage."
On December 10, 2020, at the scene of the "Navigating China" ceremony in the financial industry, Zhang Haodong, chairman of Anhui Investment, launched an in-depth dialogue with the financial community. At that time, for the industry outlook in 2021, Zhang Haodong focused on the new energy vehicle industry chain on the outlet, and he believed that new energy vehicles not only represent a new technology, but also an important area to drive the consumer economy in the future.
"We are also optimistic about the new energy vehicle industry chain. Because now to drive the economic recovery to rely on driving a relatively long industrial chain, rather than real estate, automobile consumption is one of the important areas, it can not only drive the recovery of the consumption field, but also drive the development of the entire manufacturing industry, more importantly, new energy vehicles represent a new technology. The demand for domestic new energy vehicles is large, especially the space for new energy to replace traditional fuel vehicles is very large, at present, the number of new energy vehicles in China is only 1 million, this number is far from enough compared to the huge domestic market, and the alternative space is a long-term logic, which does not include foreign countries. The future industrial chain of new energy vehicles is even larger than that of mobile phones, and the space and sustainability of development are also greater, and some world-class enterprises will be formed in the industry, whether it is from the vehicle, battery, or the upstream industry of batteries, spare parts manufacturing, intelligent driving related industries, and even more upstream such as chip-related, are all with sustainable development space. At the same time, it also drives economic growth and consumption of important industries. (Transcript of interviews with the financial sector in December 2020)
In addition, Zhang Haodong is more optimistic about the military industry in the boom cycle. "The military industry chain also has a large cycle of industry opportunities, and the military industry itself also represents a kind of technology." In the past few years, military enterprises have not encountered particularly long-term opportunities, and the current environment of rapid technological development, industry upgrading, and accelerated equipment upgrading in China will bring huge development space for related industries or listed companies. It is also a very long industrial chain, including aerospace, naval equipment, army, missiles, unmanned aerial vehicles and related military electronics, etc., is a good field to drive the economy and promote the development of science and technology. (Transcript of interviews with the financial sector in December 2020)
As a professional asset management institution, Anhui Investment has a deep understanding of the rules of the capital market and has a more accurate, timely and far-sighted judgment on the development of the industry. The current market also perfectly confirms the previous views of Zhang Haodong, chairman of Anhui Investment.
Looking forward to the future, Zhang Haodong believes that starting from August, the biggest opportunities in the next 5 months are mainly concentrated in two sectors: one is the vaccine-related industrial chain, and the other is the military industry.
First of all, the vast majority of people think that the vaccine is a one-time vaccination, but Zhang Haodong believes that the vaccine actually has a long-term continuous vaccination needs, and can not be too optimistic about the epidemic, and the global vaccination will take a long time, more importantly, the vaccine also needs to be repeatedly and continuously vaccinated. "At the same time, the vaccine has very high research and development and technical barriers, which requires a relatively long period of clinical trials, although it is now an emergency approval, the clinical trial time is greatly shortened, but from the understanding of the information of industry supervision, from the ninth vaccine after the possible approval of the green channel of the vaccine market has entered the normalization, so we believe that there is a huge market expectation difference in the vaccine."
Regarding the military industry, Zhang Haodong, chairman of Anhui Investment, believes that the military industry will enter the starting point of the long-term boom cycle from this year. "In the past, the military industry was a phased event-driven industry. Starting this year, with the support of the policy background of the '14th Five-Year Plan' to accelerate the construction of military equipment, as well as the financial advance payment incentive system for the entire armaments sector, we can see that the industry has entered a long boom cycle, and at the same time, the financial aspect will also be very well reflected. ”
The above program content was broadcast on the sixth trading day program of The First Financial Channel on August 7.