Core Viewpoint - Multiple fund companies believe that investment opportunities in the A-share market outweigh risks in the second half of the year, with a focus on structural opportunities, particularly in the technology sector [1][4]. A-share Market Insights - Fund companies are optimistic about the A-share market, expecting a structural opportunity-driven upward trend, supported by valuation recovery and profit growth [4]. - The overall valuation of the A-share market is still at a historically low level, with macroeconomic support from "dual easing" monetary and fiscal policies [4]. - There are concerns about increasing external uncertainties that may negatively impact the A-share market [4]. Technology Sector Focus - The technology sector is highlighted as a key area of interest for fund companies in the second half of the year, with expectations of new investment opportunities emerging [6][7]. - AI-related companies, particularly in computing power and applications, are anticipated to see increased market recognition and potential stock price appreciation [8]. - The year 2025 is projected to be a pivotal year for AI applications in China, with significant market potential in downstream applications compared to upstream infrastructure [8]. Other Investment Opportunities - In addition to the technology sector, fund companies are exploring opportunities in high-dividend blue-chip stocks and deep value equity assets, which are seen as attractive [8]. - The insurance industry may experience positive changes due to a downward trend in the liability side's preset interest rates, potentially leading to a favorable market for insurance stocks [9]. Hong Kong Market Outlook - The Hong Kong market is expected to remain attractive, with continuous improvement in liquidity and a potential rise in the valuation of the Hang Seng Technology Index [2][11]. - The influx of quality A-share companies listing in Hong Kong is enhancing the market's appeal, with expectations of significant upward momentum if catalyzing events occur [11].
基金公司下半年投资策略出炉，重点关注这一方向
天天基金网·2025-06-27 05:05