As the market enters the Year of the Horse, incremental funds from public funds are set to flood in. Stock ETFs and newly launched active equity funds established before the Spring Festival, which have yet to be fully deployed, constitute the two main sources of these funds, with their combined scale surpassing 90 billion yuan. Public fund institutions forecast that the A-share market during the Year of the Horse will present a more diverse array of investment themes and a more balanced market structure. They have pinpointed 'technology growth' and 'China's strengths' as the central themes. These institutions maintain a strong and unwavering optimism regarding the long-term upward trajectory of the technology sector, led by AI, as well as the global competitiveness of China's manufacturing industry.
