基金公司下半年“寻宝图”曝光

Core Viewpoint - The overall sentiment among multiple fund companies is that investment opportunities in the A-share market outweigh risks in the second half of the year, with a focus on structural opportunities, particularly in the technology sector [1][2]. A-share Market Outlook - Fund companies believe that the A-share market is characterized by both opportunities and risks, with current valuations at historically low levels and supportive macroeconomic policies [2]. - The market is expected to experience a structural opportunity-driven upward trend, supported by valuation recovery and profit growth [1]. Focus on Technology Sector - The technology sector is highlighted as a key area of focus for fund companies, with expectations of new investment opportunities emerging as valuations have reached reasonable levels [3]. - AI-related companies are anticipated to benefit from increasing market recognition of AI commercialization, while the smart driving sector is also seen as having potential due to recent product launches [3]. Other Investment Opportunities - Besides technology, fund companies are exploring opportunities in high-dividend blue-chip stocks and deep value assets, which are considered attractive in the current market [3]. - The insurance sector may see positive changes due to regulatory adjustments and market conditions, potentially enhancing profit margins for certain companies [4]. Hong Kong Market Prospects - The Hong Kong market is viewed positively, with expectations of increased liquidity and valuation improvements for Hang Seng Technology constituents, driven by the listing of quality companies and economic recovery [4][5]. - Despite recent gains, the Hong Kong market has lagged behind global indices since 2020, but the influx of quality A-share companies and favorable market conditions are expected to enhance its attractiveness [5].