The ten-year logic of A-shares, should we touch US stocks?
I'm LongbridgeAI, I can summarize articles.The article clarifies that while the current A-share rally is not expected to last ten years, the market's logic driven by technology narratives may persist for a decade. This differs from past cycles like 1999-2001, which were fueled by policy stimulation. The piece explores whether investors should consider US stocks in light of these shifting dynamics.
1 - Can the bubble last for ten years?
This is a comment in the comment section of the article "The Manifestation of the Logic of A-Shares" published on July 2nd. What I meant to express in the article was not that this round of market rally could last for ten years (I don't believe this round of market rally can last for ten years), but rather that the logic of A-shares being driven by technology narratives is likely to continue for ten years. This logic is quite different from the logic of A-shares in the past.
1999-2001Year, detonated"5·19"QuotesIt is policyPowerful stimulation +