Three major factors support the Prev to reach a new high this year, saying that the current market opportunities still outweigh the risks.

FAP, May 9 (Xinhua)-- the three major A-share indexes fluctuated and strengthened yesterday, and the Shanghai Composite Index hit a new high for the year. Referring to the recent market trend, institutions generally said that the three major factors enhance confidence and help the A-share market strengthen. First of all, our economy is gradually recovering. Second, consumer demand continues to recover. Third, the margin of valuation safety is high. China International Capital Corporation said that continue to maintain a positive view of the A-share market, the current overall valuation level of the A-share market is not high and is still historically low, the market opportunity is still greater than the risk. (Securities Daily)