Since 2025, the market has mainly been played by technology stocks. Most of the remaining sectors have had flat gains. Indices such as new and used consumption, public facilities, and real estate have not performed well. Not only is it difficult to find excess income, but many individual stocks have even declined significantly, and individual themed funds have also lost their net worth in a slow bull run. The market has reached the end of the year, and now it is time for the New Year's Eve layout. A number of fund managers pointed out that technology stocks may continue to take the lead in the market, but next year's market may be more balanced, and investment opportunities for companies that have been “snubbed” in the procyclical sector and consumer sector will be highlighted; in particular, some companies that have experienced supply-side reforms have benefited from the clean-up of the industry and may become a new direction for high-dividend assets.

Since 2025, the market has mainly been played by technology stocks. Most of the remaining sectors have had flat gains. Indices such as new and used consumption, public facilities, and real estate have not performed well. Not only is it difficult to find excess income, but many individual stocks have even declined significantly, and individual themed funds have also lost their net worth in a slow bull run. The market has reached the end of the year, and now it is time for the New Year's Eve layout. A number of fund managers pointed out that technology stocks may continue to take the lead in the market, but next year's market may be more balanced, and investment opportunities for companies that have been “snubbed” in the procyclical sector and consumer sector will be highlighted; in particular, some companies that have experienced supply-side reforms have benefited from the clean-up of the industry and may become a new direction for high-dividend assets.