公募机构看好后市均衡配置应对行业轮动

Group 1 - The A-share market is expected to experience a volatile upward trend in August, with public fund institutions suggesting a balanced allocation to cope with market fluctuations and sector rotations [1][2] - Over 90% of actively managed equity funds have achieved positive returns year-to-date, indicating a favorable market environment [1] - The liquidity environment remains supportive, with low interest rates and a strong demand for high-return assets due to "asset under-allocation" [2][3] Group 2 - Key investment opportunities are identified in three main areas: technology growth recovery, policy-driven domestic consumption, and "anti-involution" sectors such as new energy [2][3] - The sentiment in the market is at a high level, suggesting a need for balanced allocation to manage potential volatility and rapid rotations [3] - Specific sectors to focus on include AI applications, semiconductors, pharmaceuticals, and high-dividend assets [3]