As the pessimistic spread of the Chinese stock market, the Chinese media issued a post to the stock market investors and shouted, emphasizing that "do not be led by negative news."
Securities Times.com Sunday (August 27) released the time for testing beliefs!A -share valuations are less than 1664 points in 2008, and the stock market value of more than 3%of individual stocks reaches 20 trillion.
Securities Times.com is a wholly -owned China mainstream securities website formed by Shenzhen Securities Times Co., Ltd., and is the only designated official website of the Securities Times.The Securities Times is the National Financial Securities Daily, hosted by the People's Daily.
The article first pointed out that, under continuous policy care, last week, the Shanghai Stock Index lost 3100 points again, and pessimistic spread.
The article says that the market sentiment has fallen to the freezing point, so that the market consensus from the management from management is often wrong, but the market consensus is often wrong.Crazy perish, at this time the stock market opportunities are greater than risks.
The article mentioned that although factors such as the weak economic economy and the unrestrained geopolitics have shrouded the stock market a shadow, if you are familiar with the history of the financial financial history, you will understand that only such an era can bring a general low of the stock market.price.
In the United States as an example, the United States pointed out that the economic stagnation and high inflation in the mid -1970s coexisted with high inflation, and the interest rate was as high as 20%.In the era, we bought companies such as the Washington Post with a very low valuation, and "finally harvested dreamy income."
The article said that the current valuation of Chinese A shares is lower than the level at 1664 in 2008.Statistics show that the current dynamic price -earnings ratio of the Shanghai Stock Exchange Index is 11 times, and the dynamic price -earnings ratio of the Shanghai Stock Exchange Index at 1664 points on October 28, 2008 was 13 times; the current Shanghai and Shenzhen 300 dynamic price -earnings ratio is 10.8 times, and the Shanghai Stock Exchange Index 1664The dynamic price -earnings ratio at time is 12.8 times.
"A -share valuation is at a low level, and the current dividend rate is also full of attractiveness. Statistics show that the dividend rate of the dividend index is 4.4%, and the index valuation (price -earnings ratio) is only 5.3 times; Shanghai Stock Exchange; Shanghai Stock Exchange; Shanghai Stock Exchange; SSEThe dividend rate of the index is 2.2%, and the dividend rate of the CSI 300 index is 2.2%. It is worth noting that the A -share listed company has increased the strength of dividends and repurchase, which will further enhance the attractiveness of A shares. "
The article calls on the stock market investors not to be led by negative news, and say that investors are worried that A shares have "systemic risks", but the so -called "systemic risk" in the eyes of ordinary investors, in value in value in value, in value in value, in value in value in value, in terms of valueIn the eyes of investors, it is the feeling of gold.
At the end of the article, "I believe that high -quality good companies will definitely cross the beef and bear. The winners of the stock market have the courage to buy and hold it when they are cheap./P>
