成长型标的成公募机构四季度以来调研重点

Group 1 - Public institutions have increased their research efforts significantly in Q4, with a total of 11,166 research activities conducted, representing a 47.78% increase compared to the same period last year [1] - The focus of research has shifted towards growth-oriented stocks in the Sci-Tech Innovation Board and the ChiNext market, which have become the primary targets for public institutions [3] - Major public institutions, including top and mid-sized firms, have maintained a high frequency of research activities, with 40 institutions conducting over 100 research sessions each in Q4 [1] Group 2 - Changjin Hexin Fund led the research activities with 427 sessions, focusing on industries such as industrial machinery, electronic components, and healthcare equipment [2] - Ping An Fund and Huaxia Fund followed with 256 and 231 research sessions respectively, with a similar focus on industrial machinery and electronic components [2] - The overall performance of companies in the Sci-Tech Innovation Board and ChiNext has improved significantly, making them attractive options for institutional investment in high-growth assets [3] Group 3 - The investment community is optimistic about the value of growth assets amid market fluctuations and the differentiation of AI-themed investments [4] - Long-term reforms are expected to enhance the investability of the Chinese market, attracting long-term capital and improving the market's ability to handle risks [4] - Emerging technologies are viewed as a key investment theme, with policies supporting technological innovation likely to translate into actual company performance in the coming years [4]