侃股：社保基金持有科创板股票也是价值投资

Core Insights - The Social Security Fund has emerged as a significant investor in 73 companies listed on the STAR Market, indicating a shift in value investment strategies beyond traditional high-dividend stocks [1][2] - Value investment is not limited to high-dividend companies; companies with core technology and growth potential in the STAR Market also represent valuable investment opportunities [1][2] Group 1: Investment Strategy - The Social Security Fund is known for its conservative approach and focus on long-term returns, typically favoring high-dividend blue-chip stocks [1] - The investment in STAR Market companies reflects a broader definition of value investment, recognizing the potential of innovative firms that may not provide immediate cash dividends [2] - The presence of the Social Security Fund in the STAR Market is expected to guide more capital towards technology innovation, fostering collaboration between technology and capital [2] Group 2: Market Dynamics - STAR Market companies are characterized by their leading positions in technology and high innovation capabilities, which may lead to significant growth and stock expansion [2] - The investment in these companies is seen as a bet on future economic growth and the potential emergence of super technology blue-chip stocks [2] - The diversified investment across 73 STAR Market companies helps mitigate risks associated with the inherent volatility of technology innovation [3]