摩根资产管理李博：2026年科技成长风格有望保持相对优势

Group 1 - The core viewpoint of the article is that the Chinese equity market in 2026 is expected to present significant investment opportunities, particularly in the technology growth sector [1] - The equity investment team at Morgan Asset Management believes that the technology growth style will maintain a relative advantage due to China's economic transformation and the rapid development of new economies represented by technology [1] - The article highlights that AI has entered a substantial development phase, with ongoing capital expenditures from both overseas tech giants and domestic companies driving a clear industrial development trend across the entire value chain, from energy infrastructure to end applications [1] Group 2 - The expectation of a moderate economic recovery and corporate profit rebound supports the use of a "value growth" strategy to identify high-quality companies with sustainable growth potential and reasonable valuations [1] - Key indicators such as compound annual growth rate (CAGR), reasonable valuation levels, and PEG (Price/Earnings to Growth) ratio will be utilized to filter out promising investment opportunities [1]