Market style in June is anticipated to lean towards growth-oriented sectors, according to a recent analysis. A multi-dimensional industry scoring framework has identified several key industries for potential focus this month.

Everbright Securities suggests that the overall market may find itself in a scenario of "weak fundamentals but strong sentiment." This environment, characterized by expectations for a mild economic recovery and stable economic projections, alongside positive market sentiment driven by easing Middle East tensions and ongoing industrial trends, typically favors growth styles.

Fundamental Analysis

Based on current and projected performance, sectors such as non-ferrous metals, electronics, transportation, and basic chemicals score highly on fundamental metrics for June. Conversely, industries including agriculture, forestry, animal husbandry & fishing, building materials, media, and automobiles show lower fundamental scores.

Liquidity Perspective

The analysis anticipates net inflows from public funds, with financing capital likely being the dominant force. Sectors like electronics, communications, power equipment, pharmaceuticals & biotechnology, and non-ferrous metals score relatively well on liquidity factors. Industries such as beauty & personal care, textiles & apparel, social services, steel, and light manufacturing score lower.

Trading Dynamics

Focus is recommended on industries exhibiting "strong momentum, low turnover, and low crowding." As of May 27th, sectors including communications, computers, defense & military industry, and automobiles scored high on this metric, suggesting potential positive developments not fully priced in and less crowded trades. Industries like agriculture, forestry, animal husbandry & fishing, petroleum & petrochemicals, food & beverage, and beauty & personal care scored lower, not meeting the favorable trading logic.

Valuation Considerations

With market sentiment expected to fluctuate upwards, higher-valuation sectors may attract more investor attention as participants tend to focus on growth prospects. As of May 27th, industries such as electronics, computers, defense & military industry, communications, and machinery equipment show relatively high PE-TTM valuations.

In summary, the top-scoring industries under this comprehensive framework are defense & military industry, computers, communications, electronics, non-ferrous metals, and power equipment, which may warrant closer attention in June.