On April 16th, driven by the continuous release of policy dividends and the “high cut low” rotation effect of funds, the consumer sectors of A-shares and Hong Kong stocks have risen across the board recently. Northbound funds have been lurking in advance, and funds continue to increase their holdings in related ETFs. From the first quarter data, it can be seen that the endogenous driving force of consumption in China continues to recover. The offline consumption heat index in the first quarter increased by 14.2% year-on-year, an increase of 9.1 percentage points compared to the previous quarter. Institutional insiders believe that with the further strengthening of stable growth policies and the recovery of effective demand, the consumer sector is facing a dual allocation opportunity of “risk avoidance defense+trend reversal”.
Scan code to share