UBS Securities Meng Lei: Optimistic about the valuation recovery of industries that have seen significant declines this round, optimistic about the "cyclical" style related to industrial enterprise profits, optimistic about excellent Chinese companies going abroad, and optimistic about the style benefiting from marginal net capital inflows under a "slow bull" pattern

UBS Securities China equity strategy analyst Meng Lei proposed four strategies to cope with market risk appetite: 1. Favor industries with significant valuation corrections; 2. Favor the "cyclical" style related to industrial enterprise profits, expecting accelerated profit growth in A-share industrial-related sectors; 3. Favor outstanding Chinese companies going abroad, as their valuations are expected to recover despite facing geopolitical risks; 4. Focus on styles benefiting from marginal net capital inflows under a "slow bull" pattern