BOC International: “15th Five-Year Plan” kicks off, January stock selection list

The Zhitong Finance App learned that BOC International released a research report saying that the Mainland's “15th Five-Year Plan” has set the tone, and the market has entered a period of policy verification and profit restoration. The pricing power structure evolved, and new core assets attracted long-term backflow. In January, we focused on three major variables: 1) the first batch of major projects and revenue growth policy rules in the “15th Five-Year Plan”; 2) overseas liquidity; and 3) consumption data and seasonal liquidity before the Spring Festival holiday. The bank suggests that the industry's configuration focuses on “restructuring domestic demand” and “resilience in going overseas,” with equal emphasis on offense and defense. The shares selected by the bank in January include Zhifu Industrial Trust (00778), Nvidia (NVDA.US), Hesai-W (02525), Sansheng Pharmaceutical (01530), Yili Co., Ltd. (600887.SH), and GCL Technology (03800).