Optimize the structure of public offerings, and focus on mining high-quality targets.

The "battle" for the Shanghai Composite Index to reach 4000 points is still ongoing. Recently, the technology sector has experienced a pullback, while sectors such as consumer goods and banking have taken the lead in the market, with a faster rotation of market styles and industry sectors. Public funds are also adjusting their positions. Several fund managers have stated that they are focusing more on optimizing their portfolio structures, and are actively seeking out high-quality assets with alpha potential. "With increased market volatility, I am not as aggressive in my investments as I was in the third quarter, but I have not reduced my positions either. Instead, I have optimized my portfolio structure. I have added assets in consumer goods, dividends, etc., while also looking for individual stocks with alpha to enhance the excess returns of my products," disclosed a equity fund manager in Shanghai.