格隆汇APP·2025-12-31 16:18Core Insights - The article presents the "Top 10 Core Assets for 2026" as voted by millions of members from over 70 countries, highlighting the collective wisdom of global investors in navigating market uncertainties [2][5]. Summary by Categories Core Assets - The selected core assets include: - Zhongji Xuchuang (中际旭创): Market cap of 6,778 million RMB, focusing on AI and advanced manufacturing [3] - Tencent (腾讯): Market cap of 49,160 million RMB, centered on AI applications [3] - Alibaba (阿里巴巴): Market cap of 24,500 million RMB, involved in AI and cloud computing [3] - Gold ETF (黄金ETF): Market cap of 1 million RMB, categorized under precious metals [3] - Luoyang Molybdenum (洛阳钼业): Market cap of 4,279 million RMB, with no specific industry listed [3] - China Ping An (中国平安): Market cap of 12,400 million RMB, in the financial sector [3] - Dongfang Caifu (东方财富): Market cap of 3,663 million RMB, with no specific industry listed [3] - Wanhua Chemical (万华化学): Market cap of 2,400 million RMB, in the chemical industry [3] - WuXi AppTec (药明合联): Market cap of 1,515 million RMB, in the pharmaceutical sector [3] - Trip.com Group (携程集团): Market cap of 3,250 million RMB, in consumer discretionary [3] Market Context - The investment landscape in China for 2025 is characterized by uncertainties, including fluctuating recovery expectations, geopolitical tensions, and evolving trends in real estate and AI [4]. - The article emphasizes the importance of collective intelligence in investment decisions, asserting that the aggregated insights from millions can effectively guide investors through market complexities [5][7]. Performance Metrics - From 2019 to 2025, the "Top 10 Core Assets Index" achieved a cumulative growth of 318.67%, significantly outperforming the CSI 300 Index (+56.2%) and the Hang Seng Index (-0.82%) [11]. - In 2025, the equal-weighted return of the top assets reached 35.1%, again surpassing the performance of major indices [11]. Selection Criteria - The selected companies must meet four key principles: 1. Represent Chinese enterprises with a domestic market focus 2. Align with future economic directions and create long-term value 3. Possess competitive advantages or potential in emerging sectors 4. Have a projected market cap growth of 20% or more in 2026 [10] Individual Company Insights - Zhongji Xuchuang: Expected to benefit from a surge in AI-related demand, with a projected market cap growth of 25%-30% [12]. - Tencent: Anticipated to see a 25%-30% increase in adjusted net profit, driven by its strong domestic user base and advertising revenue [13]. - Alibaba: Forecasted to achieve a 25%-28% stock price increase, supported by its dual focus on AI and consumer markets [14]. - Gold ETF: Positioned as a key hedging tool, with a projected 28%-32% growth in fund inflows [15]. - Luoyang Molybdenum: Expected to maintain its leading position in the battery materials sector, with a projected net profit of 320-350 million RMB [16]. - China Ping An: Anticipated to grow its market cap by 20%-25%, benefiting from the domestic financial market's recovery [17]. - Dongfang Caifu: Projected to see a 22%-28% increase in market cap, driven by the growth in wealth management services [18]. - Wanhua Chemical: Expected to achieve a net profit of 155-162 million RMB, supported by domestic demand [19]. - WuXi AppTec: Positioned as a leader in the ADC field, with significant growth driven by domestic innovation [20]. - Trip.com Group: Forecasted to grow revenue by over 25%, capitalizing on the recovery of domestic travel [21]. Conclusion - The selected core assets reflect a strategic alignment with China's economic growth and key sectors, including AI, renewable energy, finance, and healthcare, emphasizing their potential for long-term value creation [22].