Waiting for the real estate problem to improve requires patience, and seeks growth in economic transformation--- 0520 Macrodehydration

Summary:

1. The market needs to be more patient while waiting for real estate measures. The Chinese government has shifted from building public housing to ensuring the delivery of a large number of pre-sale housing to rebuild the confidence of buyers, which marks an important step in cleaning up this huge mess. Beijing is expected to conduct a nationwide survey of residential projects.
2. The key word of investment in 2024 is "anti involution", and the high-risk preference strategy is "breakthrough" to find incremental opportunities in economic transformation. Over the past 15 trading days, the CSI 300, which is highly related to the economy, has risen by 4.9%. Structural opportunities in the economic transition have begun to be more discovered and priced by investors, and core assets have been significantly repaired.