Zhongjin: Combining Third Quarter Performance to Follow Three Investment Themes

Jinshi data news on October 15th, Zhongjin Company’s research report believes that combined with the third quarter performance, follow three investment themes. The economic data in the third quarter weakened again compared to the second quarter. Investors focused on the trend of changes in the fundamentals of listed companies, grasping the inflection point of the fundamentals and the possibility of recovery elasticity may be the current important investment strategy. Key focus during the performance disclosure period: 1) Industries with better-than-expected third-quarter performance or improved quarter-on-quarter in the economic sector. 2) Gradual improvement in performance from the bottom of the cycle, and clear industry trends in specific sectors such as the TMT-related industries such as semiconductors, consumer electronics, and communication equipment. 3) Industries that achieve supply-side clearance in a mildly recovering environment, such as some upstream resources and traditional manufacturing sectors.