利好！多只主动权益类基金恢复大额申购 2026年A股整体有望继续走强

Group 1 - The A-share market has returned to 4000 points at the beginning of 2026, reaching a nearly 10-year high, prompting several actively managed equity funds to resume large-scale subscriptions [1] - Notable funds such as Huaxia, China Europe, and Xinda Australia have opened for large subscriptions, with Huaxia's fund focusing on digital economy sectors like AI and semiconductors, achieving a 19.19% annualized return, ranking first among peers [1] - Xinda Australia's healthcare fund reported a 69.09% return over the past year, placing it in the top 10% of its category, while other funds like China Europe and Xinhua have also resumed large subscriptions [1] Group 2 - New funds have also resumed regular subscriptions, including Guotai Haitong and Zhongyin Hong Kong Stock Connect, indicating a positive market sentiment at the start of the year [2] - The resumption of subscriptions reflects institutional optimism about the market and aligns with the reallocation of assets by insurance companies following year-end settlements [2] - Marketing activities for "opening red" campaigns at the beginning of the year have influenced some funds to open for regular subscriptions, as banks promote various financial products [2] Group 3 - The overall outlook for the A-share market in 2026 is positive, driven by domestic and international liquidity support, with a focus on commodity price-driven industries and emerging sectors like AI [3] - Analysts expect a structural shift in the market, moving away from a technology and cyclical focus in 2025 to a broader valuation reassessment of Chinese assets in 2026 [4]