Today's morning meeting

Military Industry: Military industry stocks have experienced a significant decline recently and are expected to rebound in the future. It is recommended to start laying out Lingyun Shares and Sichuang Electronics, which have advantages in valuation and growth. At the same time, we are optimistic about China Aviation Black Panther and Aerospace Changfeng, which have greater flexibility.

Real estate:2016The annual report of the sector can be summarized as "high scale growth rate, stable profitability, improved debt situation, and significant destocking effect", with leading companies steadily leading and small and medium-sized companies having greater flexibility; Recommend undervalued Guangdong, Hong Kong, and Macau based investment targets such as China Merchants Shekou and third - and fourth tier destocking targets such as New City Holdings for individual stocks.

For reference only!