Lin Yuan: Currently, A-shares present a huge opportunity. I am optimistic about high dividend stocks and the new energy sector.

2024-07-12 07:32

Zhitongcaijing
Recently, Lin Yuan, chairman of Shenzhen Linyuan Investment Company, pointed out that the current opportunities in A-shares are greater than in 2008.
Recently, Lin Yuan, the chairman of Shenzhen Linyuan Investment Company, pointed out that the current opportunities in A-shares are bigger than in 2008. For future opportunities, Lin Yuan is highly optimistic about companies like the "Three Oil Giants" and the four major banks that offer high dividends. He believes that even though the valuation percentile of these companies has exceeded 90%, they still have good opportunities. In addition, he is also optimistic about new energy and sees opportunities in the overseas expansion of Chinese new energy vehicle companies. As for real estate, Lin Yuan believes that now is an absolute bottom. He once again emphasized the growth in population and pharmaceutical consumption in the three major areas he has always favored, predicting that it will create a trillion-dollar market value for leading traditional Chinese medicine companies.
Lin Yuan believes that the current valuation level of A-shares is very low, making it a worthwhile investment area. Investing in A-shares is definitely valuable now. While it cannot be said that it is the lowest point, it is certainly a golden period for investment and one should not be afraid to take risks. He emphasized that the current opportunities are even greater than in 2008.
Lin Yuan reiterated his optimism towards the "three major areas". He pointed out that in the next 20 years, the growth trajectory of the Chinese real estate market will reenact itself in the pharmaceutical industry. The market landscape at that time will surely exceed everyone's imagination. He predicted that in another 15 years, Chinese pharmaceutical companies will outperform Western pharmaceutical companies.
Regarding real estate, Lin Yuan believes that today's prices are definitely at a low level, but he personally would not consider buying property. As for the new energy vehicle industry, Lin Yuan believes that the future development direction is already clear. Lastly, he expressed uncertainty about the future of traditional car companies as the new energy vehicle industry and related industries are different and require innovation and exploration.
Furthermore, Lin Yuan is bullish on stocks in sectors like the "Three Oil Giants" and the four major banks that offer high dividends, even though the valuation percentile of these companies has exceeded 90%. He emphasized that the current environment is similar and now is a good time to buy and hold profitable assets. At the same time, it seems that the market consolidation is almost over.