Lates News
The investment strategy research report pointed out that this week, the improvement in business sentiment is mainly in the upstream resource and public utility sectors. In the upstream resource sector, prices of most industrial metals, gold and silver, oil, and most chemical products have risen; in the midstream manufacturing sector, port throughput has improved and the crude oil freight index continues to rise. In the information technology sector, DDRM prices are marginally declining, with a three-month rolling decline in smartphone shipments in February. In the consumer services sector, the prices of Feitian Maotai are rising while pig prices are falling. The manufacturing PMI and non-manufacturing PMI both increased month-on-month in March. It is recommended to invest in businesses in the high or improving business sentiment, with expected earnings growth in industries such as non-ferrous metals, petroleum and petrochemicals, fine chemicals, shipping, food and beverage, power, and batteries.
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