By Zheng Buchun

A-shares moved up on Wednesday with Shanghai Composite up 0.73% and Shenzhen Composite 1.15%. Growth enterprise index tops the rising list with a growth rate of 1.43%.

Yesterday, Shanghai Interbank Offered Rate (Shibor) dropped significantly, indicating the market liquidity is easing. The good start of the A-share market may have something to do with it. As the market liquidity eases, stocks get chances to rebound.

However, short-term stocks have risen significantly and there is little room for growth. For experienced short-term investors, you can take your chance to seek the best deals while preserving basic positions. For those who are inexperienced, you may adjust your position size. The opportunities of 2017 lie in reform-related stocks. In addition, the stocks that benefit from inflations are also worth investing.

(Zheng Buchun is NBD's columnist)