On July 20, Chen Guo, Deputy Director and Chief Strategy Officer of Dongfang Wealth Securities Research Institute, issued the latest opinion, saying, “Recently, the A-share market has formed new pessimistic and consistent expectations for silicon-based upstream and continued to fall. Even today's index showed initial signs of stabilization, the technology sector is still showing a downward trend. We don't think it is necessary for A-shares to move from one extreme in June to the other now.” Chen Guo said that the mid-term logic of the AI industry has not been destroyed, and the logic of the subsequent upward cycle of domestic AI technology catching up and expanding production has not weakened or is expected to be further strengthened.
Zhitongcaijing · 1d ago
Share
Listen to the news
On July 20, Chen Guo, Deputy Director and Chief Strategy Officer of Dongfang Wealth Securities Research Institute, issued the latest opinion, saying, “Recently, the A-share market has formed new pessimistic and consistent expectations for silicon-based upstream and continued to fall. Even today's index showed initial signs of stabilization, the technology sector is still showing a downward trend. We don't think it is necessary for A-shares to move from one extreme in June to the other now.” Chen Guo said that the mid-term logic of the AI industry has not been destroyed, and the logic of the subsequent upward cycle of domestic AI technology catching up and expanding production has not weakened or is expected to be further strengthened.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending