博时基金曾豪：关注科技成长和周期品种

Group 1 - The market has shown steady upward movement this year, driven by multiple factors including central bank liquidity and accelerated capital inflow, with expectations for a structural upward trend in the near future [1][2] - Positive market performance in recent months is attributed to robust macroeconomic growth, stable corporate earnings, particularly in the technology sector, and supportive policies aimed at capital market development [2] - Diverse funding sources are contributing to market inflows, including foreign capital returning, domestic institutions increasing positions, and residents investing in the stock market through funds [2] Group 2 - The outlook for the market remains optimistic, with ongoing policy benefits, economic resilience, and valuation advantages suggesting a potential structural upward trend [3] - Key investment areas include technology growth and resource sectors, with a focus on "new productive forces, self-control, and AI industry trends," as well as opportunities in cyclical commodities due to improved liquidity [3] - A balanced investment strategy is recommended, combining high-dividend, reasonably valued core assets with selective exposure to growth sectors, while being cautious of high valuations in certain segments [3]