AI时代投什么？宏道投资董事长卫保川：电力的需求非常确定

Group 1 - The current rapid growth of household savings provides favorable monetary conditions for the equity market [3][6] - The development of artificial intelligence (AI) is still in the early "road construction" phase, with significant companies expected to emerge in future applications [3][6] - Investors should focus on industry trends and avoid blindly chasing short-term hotspots [3][6] Group 2 - The growth in electricity demand during the AI development process is expected to drive opportunities in energy metals such as copper, aluminum, lithium, and silver, as well as in the power equipment and mining machinery sectors [3][6] - The "involution" phenomenon in China's manufacturing industry presents unique investment opportunities, as domestic companies are gradually replacing foreign competitors in certain niche markets due to technological advancements and cost advantages [3][6] - Companies in these sectors often have lower valuations and clear growth potential, making them worthy of attention from investors [3][6]