Group 1 - The A-share market is experiencing a positive trend driven by both domestic and external factors, leading to a broader range of investment opportunities [1] - The coordination of domestic supply and demand policies is a key variable that maintains high risk appetite, resulting in an upward trend in market indices [1] - The expectation of a Federal Reserve interest rate cut and a weaker dollar is likely to attract global funds towards non-US assets, providing room for valuation recovery in A-share equities [1] Group 2 - Two core investment themes identified are: new consumption and new services, focusing on high-income groups, the elderly, and consumers in lower-tier cities, as well as self-sufficiency sectors like semiconductors and AI computing chips [2] - The investment strategy for the new fund will involve a balanced approach, gradually increasing equity positions while controlling for volatility, aiming to capture opportunities from industry trends and fundamental improvements [2] - The market is expected to show greater breadth and depth in the second half of the year, with a focus on high-quality stocks that have clear fundamental improvements and reasonable valuations [2]
农银汇理基金廖凌：内外积极因素共振 基本面投资胜率或提升
Zhong Zheng Wang·2025-09-04 12:44