Galaxy Securities: Crude Oil Price Movements Under Geopolitical Conflicts Remain the Key Variable Affecting Recent Market Structure Changes

Ask AI · Why is Galaxy Securities focusing on crude oil price variables?

Everyday Economic News AI Express, Galaxy Securities research report states that the duration and evolution path of geopolitical conflicts remain highly uncertain. Disruptions to global risk assets are unlikely to fade in the short term, and global equity markets are expected to continue exhibiting high volatility. However, the downside space for A-shares is relatively limited, and the market is likely to digest external pressures through oscillation, differentiation, and structural rotation. Structurally, market trading focuses on inflation logic, and changes in crude oil prices under geopolitical conflicts will still be a key variable affecting recent market structure. In terms of allocation, first: with the ongoing escalation of US-Iran conflicts, directly driving stronger energy and alternative demand, focus on coal chemical industry, coal, shipping ports, oil and gas, etc. Recently, non-ferrous metals have experienced significant pullbacks; pay attention to valuation space and cost-effectiveness after the correction. Second: the market is shifting towards defensive assets, focusing on finance, utilities, transportation, etc. Third: technology innovation sectors, including power equipment, new energy, energy storage, semiconductor, computing power, communication equipment, etc. Additionally, the valuation of consumer sectors is at a historically low level, with some sub-sectors having potential for expected recovery. Suggested focus areas include agriculture, forestry, animal husbandry, fishery, food and beverages, and household appliances.

Daily Economic News