Exploring A-share investment opportunities through multiple dimensions at home and abroad.

Recently, the A-share market has continued to see an increase in "active funds". Industry insiders say that industry-themed ETFs have become a new channel for fund entry. At the same time, foreign capital is also increasing its investment in A shares. According to a report from Morgan Stanley, global hedge funds were actively buying A shares in August. Looking ahead, many domestic and foreign institutions are actively positioning themselves to explore more investment opportunities in A shares. According to Morgan Stanley Fund, because the A-share market valuation is in the process of systematic repair, areas with undervalued valuations are worth paying attention to. They are optimistic about three directions: first is technology growth, with current high value for money in AI applications, semiconductors, etc.; second is Chinese manufacturing, including high-end machinery, automobiles, defense, pharmaceuticals, etc., where related high-quality companies are worth considering; third is new consumption, where some companies not only dominate the domestic market but also are expanding overseas markets smoothly, becoming a new growth point for listed companies.