西部利得基金：中期市场震荡为主，结构性机会仍丰富

Group 1 - The core viewpoint of the news is that Western Lide Fund has achieved a significant milestone by surpassing a public fund management scale of 100 billion yuan, reaching 117.7 billion yuan, with notable performance in both fixed income and equity funds [1] - The equity management scale of Western Lide Fund has increased significantly from 12.1 billion yuan to 20.8 billion yuan, representing a growth of over 70% [1] - The company has established a comprehensive research and investment system covering core strategies such as fixed income, equity investment, quantitative index, absolute return, and passive investment [1] Group 2 - In terms of market opportunities for 2026, the company’s research department suggests that both A-shares and Hong Kong stocks have good allocation value, with a focus on dividend strategies [2] - The company anticipates that the dual easing of monetary and fiscal policies will continue, maintaining broad interest rates at historically low levels, which may provide potential allocation space for household deposits and foreign capital [2] - Key factors influencing the mid-term market style include the progress of the AI industry, changes in narratives, and whether domestic demand can stabilize and recover [2]