Great Wall Fund: Optimistic about the future trend of A-shares.

Yang Jianhua, deputy general manager and chief investment officer of Great Wall Fund, believes that the performance of A-share market is relatively good, and various themes are well interpreted. In the medium term, attention is focused on investment opportunities in the export chain, including overseas computing power, brand internationalization, etc. During the process of domestic "anti-internal consumption", attention is paid to the valuation enhancement opportunities brought by the better-than-expected performance of high-quality leading companies; under the weak equilibrium situation of the domestic economy, dividend stocks still have performance opportunities. Fund manager Tan Xiaobing of Great Wall Fund believes that in the future, attention should be paid to the statement of the Federal Reserve on interest rates. Specifically, he is relatively optimistic about non-bank, military industry, and new consumer sectors. At the same time, the innovative pharmaceutical sector may experience short-term fluctuations due to the large increase in the previous period. By the time heavy-weight conferences are held and medical insurance negotiations are in the pipeline for catalysis, the later trend of the innovative pharmaceutical sector is still promising. "This round of beta rally may still be in the early stages."