Structured market is in full swing, renowned fund managers take action to capture bulls

Recently, listed companies and public funds disclosed the third-quarter reports of several well-known fund managers' portfolio adjustments. In the third quarter, where structured market trends were vividly illustrated, these fund managers actively adjusted their portfolios and switched stocks. For example, Fu Pengbo managed Ruifeng Growth Value, and Xie Zhiyu managed Xingquan Helun increased their positions in PCB leader Dongshan Precision. Ruifeng Growth Value and Qiao Qian managed Xingquan Business Model increased their holdings in fiberglass leader SINOMATECH. Zhu Shaoxing managed the Fortune SGAM Tianhui significantly increased its holdings in Huaxin Cement, while Zhao Yi managed Quan Guo Xuyuan held onto Tian Ci Materials and SMIC for three years. Some fund managers indicated that the long-term stable and positive trend of the Chinese equity market is becoming increasingly clear, with marginal improvements in overseas disruptive factors and a potential turning point in U.S. dollar liquidity, which will bring greater enhancement to the liquidity of the Chinese stock market. However, the impact of macro events in the fourth quarter still carries uncertainty, and the growth sector is expected to exhibit significant volatility. In terms of industry, with the deep matching of models and computing power architecture, investment opportunities in the computing, communication, and storage industry chains are abundant. Leading companies in the midstream materials and battery sectors of lithium batteries are generally operating at full capacity, and with sustained high demand in the industry, supply is expected to tighten next year, potentially leading to shortages