Experts say that A-shares present medium to long-term investment opportunities.

Jin10 data reported on August 18, as of the midday close on the 18th, the Shanghai Composite Index rose more than 1% in half a day, reaching a new high in nearly 10 years, and the ChiNext Index rose more than 3%. Experts indicate that today the A-share market saw higher trade volumes with broad gains, and the market is still expected to maintain a strong pattern, but attention should also be paid to the pullback pressure from high profitable positions. Yang Delong, chief economist of Qianhai Open Source Fund, stated: With the implementation of a series of counter-cyclical adjustment policies, the A-share market has gradually explored the bottom and presents medium to long-term investment opportunities. Although the overall market sentiment is optimistic, investors should not engage in momentum investing when selecting individual stocks, and it is recommended to pay more attention to industries and companies with good fundamentals.

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