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中金公司:對A股後續表現無需悲觀

中金公司研報認為,展望後市,2月份以來的修復行情雖面臨波折但並未結束,當前A股市場整體估值仍處於偏歷史階段性底部時期,伴隨下半年穩增長政策加碼結合中長期改革紅利,對A股後續表現無需悲觀。配置上,中報業績披露期,業績好於市場預期的板塊和個股有望有相對錶現;關注科技創新領域尤其是具備產業自主邏輯的板塊;外需仍有韌性,出口鏈行業和全球定價資源品有繼續配置機會;紅利資產中長期邏輯未變但未來需要更加重視分子端基本面和分紅的可持續性。

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