六大私募 2026年布局路线图曝光

Core Insights - The investment landscape for A-shares in 2026 is shifting, with a focus on both emerging technologies like AI and quantum technology, and the recovery of traditional industries, indicating a potential for strategic investments in both areas [1] Group 1: Investment Strategies - Starstone Investment anticipates a structural convergence in the market, with a focus on high-growth sectors such as AI, innovative pharmaceuticals, and military technology, alongside traditional industries like transportation and real estate [1] - Chongyang Investment maintains a positive outlook for 2026 but advises investors to temper return expectations, emphasizing a defensive strategy while seeking opportunities in underappreciated sectors like consumer goods and real estate [2] - Kangmand Capital identifies a dual strategy focusing on "growth horses" in the AI sector and "steady horses" in industries experiencing rapid profit recovery, driven by the current economic cycle [3] - Qinghequan Capital highlights the resilience of China's manufacturing sector and anticipates a shift towards profit-driven investments, focusing on strategic resources and consumer goods [4] - Xuanyuan Investment outlines four key judgments for 2026, emphasizing a market still on an upward trajectory but with a different rhythm, and identifying opportunities in midstream manufacturing and emerging industries [5][6] - Xiangju Capital expresses confidence in a favorable macro environment for stock investments in 2026, while suggesting a need to lower return expectations compared to 2025 [7] Group 2: Sector Focus - Key sectors of interest include AI, innovative pharmaceuticals, and advanced manufacturing, with a particular emphasis on industries that have been historically overlooked [2][3] - Strategic resources such as copper, aluminum, and coal are expected to be focal points for investment, alongside global capital goods like machinery and power equipment [4] - The emphasis on expanding domestic demand highlights opportunities in service-oriented sectors, including cultural tourism and elder care [6]