Zhongyuan Securities: A shares are still in a period of accumulation and suggest lowering positions to short or low positions

 Zhongyuan Securities believes that the current risk performance exceeds the expectation at the beginning of the month. The future market will be in the risk release, and the market needs to be released after the risk is phased out. A shares are still in a period of gaining momentum. It is therefore recommended to lower the position to an empty position or a low position. It is recommended to focus on policy topics such as regional construction, industry sectors such as TMT leader and gold and other safe-haven sectors; medium and long-term focus on TMT leading, agriculture, forestry, animal husbandry and fishery and high-quality growth stocks.