国泰海通证券1月基金投资策略：跨年行情下A股上涨，相对偏向成长配置风格

Group 1 - The report suggests that A-shares have stabilized and risen since late December, indicating a preference for growth-oriented investment strategies while maintaining a balanced overall style [1][7] - The manufacturing PMI for December was reported at 50.1%, marking a 0.9 percentage point increase from November, indicating a return to expansion territory for the first time since April [9] - The report highlights structural investment opportunities in sectors such as defense, non-ferrous metals, and communication, with 18 out of 31 industries showing positive performance in December [7][12] Group 2 - The report emphasizes the importance of investing in technology and cyclical stocks, particularly in the context of AI and emerging market industrialization trends [15][16] - It recommends specific funds for investment, including growth-oriented funds like E Fund Environmental Theme and Manulife Smart Stable, as well as balanced funds like BOCOM Huatai Huatai Preferred and GF Multi-Factor [1][6] - The report notes that bond funds should focus on flexible duration rate bonds and high liquidity credit bonds, suggesting products like Bosera Fortune Pure Bond and Fuguo Tianli Growth Bond [1][17] Group 3 - The report indicates that the issuance of new funds in December reached a total of 1129.38 billion, the highest level since 2022, with a significant number of new equity funds being launched [63][66] - It highlights that the average return for growth-style funds in December was 7.65%, outperforming value and balanced style funds, which returned 2.28% and 1.92% respectively [56][60] - The report also mentions that the TMT and midstream manufacturing sectors have shown strong performance, while the consumer sector lagged behind [56][67]