贝莱德：8月重点看好AI应用等四大投资机会

Core Viewpoint - BlackRock's Chief Equity Investment Officer, Shen Yufei, emphasizes several key investment opportunities in A-shares for August, focusing on sectors with excess return potential and driven by AI applications and consumer trends [1] Group 1: Investment Opportunities - Focus on sectors with excess return opportunities based on high-quality index-weighted stocks following the bank sector's pullback in July [1] - AI applications are highlighted as a key area of focus due to ongoing investments in AI infrastructure [1] - Investment opportunities driven by events related to robotics and artificial intelligence are anticipated [1] - Opportunities in the consumer sector are identified, particularly in areas with high cuts and low valuations [1] Group 2: Market Overview - In July, both A-share and Hong Kong markets experienced broad gains, with A-shares showing characteristics of stock market competition among existing funds [1] - The A-share market benefited from trends such as "anti-involution" and resource self-sufficiency leading the market [1] - Despite potential disruptions from PMI data affecting the stock market, there are several upcoming catalysts for investment opportunities in August [1] Group 3: Upcoming Catalysts - The upcoming intensive mid-year report disclosure period may present upward surprises and bottom-up investment opportunities [1] - Industry conferences related to artificial intelligence and robotics are expected to act as catalysts for investment [1] - Major celebrations ahead of the National Day are anticipated to create additional investment opportunities [1]