Hexun Information Wei Yugen: 4200 New Starting Point — How to Understand?

On the evening of May 11, Wei Yugen from Hexun Information stated, I feel that 4200 points is definitely not the end of this year, don’t live in fear of the rise. The ChiNext and STAR Market have already hit new highs long ago, and the overseas stock markets have also reached new highs long ago, both in Europe and America, Japan and South Korea haven’t even started to collapse, so why are you panicking? Today, the trading volume in just one hour reached 300 billion yuan, and the whole day is expected to hit 3.5 trillion yuan. As long as the volume remains, the sentiment is very high, and currently, it’s far from being out of control. Check out the storage chips, which are continuously hitting new highs overseas; their performance is too strong, with P/E ratios still in single digits, so the problem is not really big. Choose the right direction, hold steady, especially in the technology sector—semiconductors and computing power at home and abroad, this is the real main line.