Last week, the rebound of the A-shares weakened, and mixed-type FOFs became a resilient variety, while institutions remains optimistic about the prosperity strategy.

Last week, the A-share market exhibited a convergence in index volatility and an intensification of structural differentiation. The earlier rebound momentum weakened, with some broad-based indices experiencing a decline over the week, and overall trading volume decreasing compared to the previous week. As a result, the win rate for equity-focused FOFs was relatively low, while mixed-asset FOFs showed a high win rate, becoming the most resilient type of FOF in the face of declines last week. Industry insiders believe that despite the current disruptions within the technology sector's mainline strategies, the prosperity strategy remains worth implementing in the medium to long term, with artificial intelligence and computing power directions receiving significant attention.