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由于占据市场主体的周期股已经进行了估值调整,高估值的中小盘股就成为估值调整的主要区域。因此,从相对收益角度来看,蓝筹会取得明显的超额收益。
Due to the market share of the cyclical unit has been carried out valuation adjustments, high valuation of small cap stocks has become the main area of valuation adjustments. Therefore, from a relative profit point of view, blue-chip will achieve significant excess returns.