科技投资赋能高质量发展 泓德基金深耕产业趋势与价值发现

Core Viewpoint - The rapid breakthroughs in frontier technologies, particularly artificial intelligence, are driving high-quality economic development, with public funds actively engaging in long-term value investment to seize opportunities in technological innovation [1][2]. Group 1: Industry Trends - The A-share market is experiencing structural differentiation, with the technology sector, especially the AI industry chain, leading the gains and becoming a focal point for capital markets [2]. - The current technology market rally is underpinned by solid industrial foundations, with AI driving global industrial chain restructuring and creating a virtuous cycle of "technological breakthroughs - application landing - commercial feedback" [2][3]. - The characteristics of China's large-scale market enhance the potential for innovation returns, while the evolution of the "anti-involution" mechanism is expected to optimize the competitive ecosystem and improve overall capital market returns [3]. Group 2: Investment Strategies - The construction of active equity investment capabilities has been elevated to a strategic level within public funds, focusing on deepening research capabilities, diversifying investment strategies, and leveraging technology to build a sustainable investment ecosystem [4]. - The integration of industry insights with long-term value investment principles is essential for capturing true alpha in structural markets, as demonstrated by the experience of the investment research team at Hongde Fund [4]. - Fund managers are encouraged to avoid short-term thinking and instead engage in deep industry research to identify structural opportunities, while also adapting to market changes and expanding their investment knowledge [4]. Group 3: Future Outlook - With ongoing technological innovation and continuous improvement of capital market systems, public funds are expected to play a more significant role in serving the real economy and promoting high-quality development [5].