Bank of China Wealth Management: Moderately Increase Allocation of Dividend-oriented Bottom Investment Assets in Volatility

On July 21, Bank of Communications Wealth Management stated that the growth sector of A-shares has recently experienced a phased correction, with sectors such as semiconductors, AI, and high-end manufacturing weakening collectively. In the extreme market conditions and volatility, it is recommended to adopt a "dumbbell-type" asset allocation strategy: on one hand, hold low-volatility assets for defensive purposes; on the other hand, seize the opportunity for oversold rebound in technology growth, aiming for high elasticity returns.