--- title: "Bosera International CIO Zeng Peng: The Way of Offense and Defense in the AI Wave, Decoding H2 Allocation Strategy \"Diversification + Concentration + High Dividend\"" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/43146285.md" description: "On July 22, the "Global Investment Summit" hosted by the Hong Kong Stock Analysts Association was successfully held in Hong Kong. The event closely aligned with the national strategy of supporting Hong Kong's consolidation as an international financial center under the "15th Five-Year Plan," focusing on investor education and interpretation of global opportunities. It attracted over 350 industry professionals and investors, with seats filled to capacity. The summit featured a strong lineup of distinguished guests, including Dr. Tang Sing Hing, Chairman of the Hong Kong Stock Analysts Association; Mr. Chan Ho Lim, Undersecretary for Financial Services and the Treasury; and Ms. Guo Hanxiao, Managing Director and Head of Interconnectivity Business at the Hong Kong Exchange, who were invited to attend and deliver speeches..." datetime: "2026-08-03T03:27:40.000Z" locales: - [en](https://longbridge.com/en/topics/43146285.md) - [zh-CN](https://longbridge.com/zh-CN/topics/43146285.md) - [zh-HK](https://longbridge.com/zh-HK/topics/43146285.md) author: "[博时国际](https://longbridge.com/en/profiles/16136055.md)" --- # Bosera International CIO Zeng Peng: The Way of Offense and Defense in the AI Wave, Decoding H2 Allocation Strategy "Diversification + Concentration + High Dividend" On July 22, the "Global Investment Summit," hosted by the Hong Kong Stock Analysts Association, was successfully held in Hong Kong. The event closely aligned with the national strategy of supporting Hong Kong's consolidation as an international financial center under the "15th Five-Year Plan," focusing on investor education and interpretation of global opportunities. It attracted over 350 industry professionals and investors, with seats filled to capacity. The summit featured a strong lineup of keynote speakers, including Dr. Tang Sing Hing, Chairman of the Hong Kong Stock Analysts Association; Mr. Chan Ho Lim, Deputy Secretary for Financial Services and the Treasury; and Ms. Guo Hanxiang, Managing Director and Head of Interconnectivity Business at the Hong Kong Exchanges and Clearing Limited. In the closing session of the conference, themed "AI-Driven Industrial Transformation and New Paradigms in Investment," Zeng Peng, Chief Investment Officer of Bosera International, addressed the current complex and volatile market environment. He pointed out that the true risk of investment lies in selecting the wrong assets rather than volatility itself, and systematically elaborated on how to seize investment opportunities in the second half of the year through a "three-dimensional layout" amidst the wave of artificial intelligence. **Core Judgment: AI Defined as "A Profound Intellectual Revolution"** Zeng Peng stated in his speech: Artificial intelligence is not merely a technological iteration, but a profound intellectual revolution following mechanization. "The core indicators of the current AI industry are turning comprehensively positive," Zeng emphasized. "Whether it is the capital expenditure of global tech giants, the guidance direction of cloud vendors, the accelerated implementation of edge-side applications, or the supply and demand landscape of the storage industry, all point to one fact: the business model of AI is shifting from conceptual hype to tangible performance realization." **Strategy Analysis: "Three-Dimensional Layout" for the Second Half of the Year to Address Volatility** Facing a cycle where technological revolution coexists with macroeconomic volatility, Zeng Peng proposed a targeted "three-dimensional" asset allocation strategy, flexibly switching between different types of assets to respond to the market with a posture that balances offense and defense: 1\. Diversified layout in emerging industries (such as AI): For emerging tracks such as AI, which have high growth potential but significant volatility, adopt a "diversified investment" strategy to smooth out the volatility risk of a single track and widely capture industrial dividends. 2\. Concentrated allocation in mature industries (such as high-end manufacturing): For mature industries with clear business models and stable competitive landscapes, such as high-end manufacturing, adopt a "concentrated investment" strategy, focusing on leading companies in niche tracks. 3\. Increase allocation to Hong Kong stock high-dividend targets: For the Hong Kong stock market, increase the allocation ratio of high-dividend assets to provide cash flow returns and potential valuation repair space, achieving a "balance between offense and defense." **Perspective of "Bosera International": Adhering to the Core of "Industrial Trends + Fundamentals"** For a long time, Bosera International has adhered to the research core of "industrial trends + fundamentals," refusing to blindly chase hotspots. Looking ahead, Bosera International will continue to rely on its global investment research network to deeply explore structural opportunities under the technological revolution, committed to helping global clients grasp high-quality growth opportunities while controlling risks. \------ **About "Bosera International"** Bosera Fund (International) Company Limited ("Bosera International") is the Hong Kong subsidiary of Bosera Asset Management Co., Ltd. ("Bosera Fund") and China Merchants Fund Management Co., Ltd. ("China Merchants Fund"). Both Bosera Fund and China Merchants Fund are among the top-tier asset management institutions in mainland China. Established in Hong Kong on March 4, 2010, Bosera International was one of the first batch of Chinese fund companies to conduct asset management business in Hong Kong. Since its establishment, Bosera International has seized opportunities for global asset allocation, adhered to the value investment philosophy, and formed a comprehensive product line mainly based on steady fixed-income investments, covering active equity, passive indices, etc. It actively establishes partnerships with other international companies to provide two-way and cross-border asset management services for global investors. Bosera International's clients are spread across core financial regions such as the United States, Europe, South Korea, Singapore, and Hong Kong. After 14 years of cultivation in Hong Kong, Bosera International has become one of the largest Chinese asset management companies in Hong Kong. Disclaimer: This material is for reference only and does not constitute any offer, invitation, solicitation, or recommendation for investment. Investment involves risks, including the possible loss of principal. Past performance does not represent future results. This material is compiled and issued by Bosera Fund (International) Company Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. ### Related Stocks - [00388.HK](https://longbridge.com/en/quote/00388.HK.md) - [HKXCY.US](https://longbridge.com/en/quote/HKXCY.US.md) - [80388.HK](https://longbridge.com/en/quote/80388.HK.md)