The Shanghai Composite Index ETF (510760) rose exceeded 0.8%, and the premium trading in the market was over 8%.

The development of Wantong rose more than 8%, Baofeng Energy rose 7%, and JAC Automobile and Huayang Co., Ltd. rose.The Shanghai Composite Index ETF (510760) rose exceeded 0.8%, and the premium transaction in the market was over 33 million yuan in the past 5 days.

Open source Securities believes that A shares are expected to usher in the "reversal" of "Davis Double -click".(1) A -share valuation is within 1/3 of history, and ERP is close to 2 times the upper limit of standard deviations, and the downlink space of A shares is very limited; (2) accompanied by overseas currency tightening constraints, decreased in the influence of overseas currency, and domestic surplus liquidity expansion., ROE's rebound and profitability are obvious, A shares are expected to usher in "Davis Double -click".

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