As the fourth quarter gets underway, public and private fund institutions are confronted with pivotal investment choices: Should they maintain their focus on the technology sector or pursue a more diversified, balanced allocation? Should they cash in on profits or seize opportunities to increase positions during market dips? Interviews with a number of public and private fund managers indicate that, amidst uncertainty, they generally opt for a long-term perspective and meticulously plan their strategies.

Data indicates that as of October 12, the holdings of actively managed equity public funds stayed at a robust 90%, with the issuance of equity funds continuing to gather momentum. Simultaneously, several billion-dollar private funds are actively investing their capital, with the number of newly registered private funds surpassing 1,000 for two consecutive months.

Both public and private fund institutions maintain that, despite fresh external disruptions, underlying trends such as China's competitive edge in technology and innovative pharmaceuticals, along with the reallocation of foreign capital and the influx of household assets into the market, remain intact. Consequently, they advocate for a balanced allocation strategy that weighs performance certainty against growth potential, with a particular emphasis on sectors like technology, innovative pharmaceuticals, and non-ferrous metals.