Guangda Securities: The market will enter the next stage of pump in the second half of the year.

Jin10 reported on August 11 that Everbright Securities published a research report stating that under the driver of short-term expectation divergence, the market may hit new highs in the second half of the year. Overall, the market trend since September last year has gradually shifted from policy-driven to fundamentally and liquidity-driven. The rhythm of the future market trend may refer to 2019. Looking ahead to the second half of the year, there are still some expectation divergences in the market, such as the sustainability of short-term fundamental improvements, continued capital inflows, and opportunities brought by the development of emerging industries. Therefore, Everbright believes that the market will enter the next stage of the pump in the second half of the year, and is expected to break through the phase high in the second half of 2024.