On January 21, products overseen by renowned public fund managers—including Fu Pengbo of Ruinian Fund, Li Xiaoxing of Yinhua Fund, Gao Nan of Yongying Fund, and Yang Jinjin of Jiaoyin Schroder Fund—published their fourth-quarter reports for 2025. These reports revealed notable shifts in their investment portfolios.
As they look ahead to 2026, Fu Pengbo anticipates robust growth in high-potential sectors such as artificial intelligence (AI), non-ferrous metals, and lithium battery materials. Meanwhile, Li Xiaoxing underscores AI's pivotal role in global technological innovation, forecasting steady performance improvements for China's internet giants. He also highlights the potential for Hong Kong-listed tech firms to emerge as a nexus where industry trends and fundamental market forces converge.
In contrast, Yang Jinjin has steered clear of heavily valued, trendy sectors. Instead, she has strategically positioned her portfolio in "white horse stocks"—industry leaders known for consistent performance—that are approaching long-term profitability turning points.