科技行情未完待续？双创板块2026年展望

Group 1 - The core viewpoint of the article is that the dual innovation sector (Science and Technology Innovation Board + Growth Enterprise Market) has become a shining main line in the domestic market, with the Science and Technology Innovation 50 Index showing remarkable performance in 2025, and there are expectations for new opportunities in 2026 [1][8] Group 2 - In 2025, the dual innovation sector emerged as a core force driving the growth style of A-shares, with the Science and Technology Innovation 50 Index achieving an annual increase of 64.32%, significantly outperforming major indices like CSI 300 (18.21%) and CSI 500 (22.78%) [2][5] - The trading volume of the Science and Technology Innovation 50 Index increased by 120.68% compared to 2024, indicating strong market recognition of hard technology core assets [2][5] Group 3 - The excellent performance of the dual innovation sector in 2025 can be attributed to several factors: 1. An upward industrial cycle and improved profitability, with technology breakthroughs and performance landing in hard technology sectors creating a virtuous cycle [5] 2. A relatively loose funding environment, enhanced by the Federal Reserve's interest rate cuts, which increased risk appetite for growth-style investments [5] 3. Policy dividends supporting the deepening of the technology-driven national strategy, with the "14th Five-Year Plan" promoting self-reliance in technology benefiting key industries like semiconductors and AI [5][8] Group 4 - For 2026, the dual innovation sector is expected to benefit from a dual drive of policy and industrial upgrades, with key focus areas including: 1. The domestic substitution and profitability realization of the AI industry chain, driven by the continuous expansion of AI applications and increasing semiconductor demand [9] 2. Supply-demand optimization and profitability improvement in industries like photovoltaics and power batteries, as "anti-involution" policies aim to correct vicious competition and promote structural reforms [12] Group 5 - The Science and Technology Innovation 50 Index, which includes 50 major strategic emerging companies from the Science and Technology Innovation Board and Growth Enterprise Market, covers nearly 90% of the electronic, power equipment, pharmaceutical, and communication sectors, providing a balanced exposure to core growth sectors [13] - The E Fund Science and Technology Innovation ETF (159781) is highlighted as a convenient tool for investors to track the index performance and capture the benefits of new productive forces and technological advancements, with a current scale of 11.99 billion [13]