Unwavering View of A-Shares Reaching 8,000 Points! Related Person from Wen-Wan Institute: No Such Information Has Been Released, but We Are Confident in China's Stock Market, to be released around April 9th.
Rumors have been circulating that "Wen-Wan Strategy is unwaveringly optimistic about reaching the Shanghai Composite Index at 8,000 points." In response, related personnel from Wen-Wan Institute stated, "The Wen-Wan strategy team has not released this information, but we are confident in China's long-term stock market prospects and will release it around April 9th."
On April 9th of this year, Wen-Wan Institute's director and chief strategist, Wang Shengming, explicitly stated that in my opinion, we are standing on the threshold of a major bull market unseen in the past 20 years. From a macro perspective, there are several supporting factors. One is that the gradual property policy has started to show its effects, with some regional housing prices returning to the level they were in 2016 when the "housing not for speculation" policy was first proposed. From a financial perspective, this issue doesn't require further stimulus; as long as the speed of housing price decline slows down, market risk appetite will recover. Both waves of bull markets from 2013-2015 and 2017-2021 occurred during periods when GDP growth slowed down, not reversed.
Source: Sina News