Core Viewpoint - The overall A-share market is expected to continue a slow bull trend, with structural opportunities in sectors resonating globally, including non-ferrous metals, bulk commodities, gold, and AI as a global technology theme [1] Group 1: AI and Robotics - AI applications are still in the early stages, particularly in the transition from AI computing power to practical applications [1] - The robotics sector is just beginning, with its landing scenarios and industrial development still at a very preliminary stage [1] - The current perception of robotics is often seen as conceptual or speculative, but the focus this year should be on achieving breakthroughs from 0 to 1 [1] Group 2: Investment Perspective - Investment in technology and growth stocks should focus on both the emerging trends representing future directions (such as new productive forces in the "14th Five-Year Plan") and the growth opportunities from 1 to N in developing fields like new energy, solid-state batteries, and energy storage [1] - The A-share market's slow bull trend remains unchanged, with greater opportunities in the technology industry cycle, likened to an industrial or technological revolution that may have a prolonged duration [1]
鹏华基金闫思倩：A股将延续慢牛 更看好科技主线 AI时代刚刚开始
Zhi Tong Cai Jing·2025-10-17 12:27