According to Wind data, the yield of A-share fund products ranked among the top 20 in the market during the year ranged from 125% to 236%. Remarkably, these performance leaders generally did not follow market hot spots and chose to focus their core energy on the A-share market. Most of their Hong Kong stock allocation ratio was less than 10% or maintained zero positions, thus ensuring a high concentration of A-share core assets. Industry insiders believe that this phenomenon shows that for most fund managers, at a stage where cross-market experience still needs to be accumulated, it is often a steady path to achieve breakthroughs in performance based on their own strengths and deep cultivation in familiar fields. As an offshore market, there is a difference between the aesthetic pricing logic of Hong Kong stocks and A-shares. For A-share fund managers, it may be more like an “additional question” that needs to be taken seriously, rather than a “basic question” where everyone can score points.

According to Wind data, the yield of A-share fund products ranked among the top 20 in the market during the year ranged from 125% to 236%. Remarkably, these performance leaders generally did not follow market hot spots and chose to focus their core energy on the A-share market. Most of their Hong Kong stock allocation ratio was less than 10% or maintained zero positions, thus ensuring a high concentration of A-share core assets. Industry insiders believe that this phenomenon shows that for most fund managers, at a stage where cross-market experience still needs to be accumulated, it is often a steady path to achieve breakthroughs in performance based on their own strengths and deep cultivation in familiar fields. As an offshore market, there is a difference between the aesthetic pricing logic of Hong Kong stocks and A-shares. For A-share fund managers, it may be more like an “additional question” that needs to be taken seriously, rather than a “basic question” where everyone can score points.