B-Share monthly trend analysis: medium to long term trend positive, pay attention to exchange rate impact.
From monthly trend perspective, B-Share medium to long term trend remains positive. Shanghai B-Share index has formed a steady upward channel, with monthly line MACD golden cross continuing.
Exchange rate is an important factor affecting B-Share medium to long term trend. RMB appreciation is conducive to B-Share valuation repair, while depreciation may bring adjustment pressure. Investors are advised to closely monitor exchange rate movements.
Overall, B-Share valuation is at a historical low, with high investment value in the medium to long term. Investors can deploy in batches on dips.
