# Financial Strategy

Navigating the 'A-Shaped' Trap: Why China’s Market Strategists Are Pivoting to Defensive Value

As global markets face 'A-shaped' volatility and tech valuations face a reckoning, Chinese strategist Chen Guo advises a shift toward defensive rebalancing. The strategy emphasizes protecting capital through high-yield 'old economy' leaders and internet titans while avoiding overcrowded speculative trades.