At 2:00 p.m. on October 18th, the financial fans of the financial Club of the northern network and the financial fan club jointly sponsored by the public life newspaper office set up a classroom for third of the fans. The lecture was held at Guotai Junan Securities Limited by Share Ltd Tianjin marketing division. The club invited the customer manager Zhai Zhankun of Guotai Junan Securities to tell the investors about the investment opportunities and investment strategies in the four quarter.

He believes that A shares have not stabilised under the support of policies, but what we need to pay attention to is that with the continuous relaxation of monetary policy and the introduction of proactive fiscal policy, the accumulation and positive effect of policy will be released in a little time. This will help to complete the bottoming process of A shares.

In the four quarter, the following five investment opportunities should be grasped.

1, with a sharp slowdown in external demand, insufficient domestic demand and a sharp drop in real estate investment, the government will implement a proactive fiscal policy.

The government's push for infrastructure investment will benefit the construction, construction machinery, heavy truck and other related industries.

2, investment opportunities brought about by economic restructuring.

One is the agricultural sector benefiting from agricultural reform, the other is the reform of the price system. Electricity price, water price and natural gas price increase are the measures that may be launched after the government's concern about inflation is reduced.

3 industries, such as media, computer equipment, communication equipment and medical and biological industries, are the least affected by the economic cycle.

4, choose industries and stocks with investment value from the perspective of dividend yield.

The dividend yield of steel is 6.75%, and that of financial and light manufacturing is also higher than that of one-year treasury bonds.

When the dividend rate is selected, we should try to select the stocks with a high dividend yield in the weak cycle industry, and we need to have sufficient discount for the high cycle industries.

5 investment opportunities for closed-end funds with high discount.