Looking ahead to the equity market in 2026, Li Xiaoxing, Deputy General Manager of Yinhua Fund Business and Fund Manager, believes that overall opportunities outweigh risks. Although AI-related technology stocks have accumulated significant gains, and some sectors have shown signs of partial overheating, in the context of the development and resonance of the AI industry in China and the US, there are still many targets in the technology direction that are expected to bring good returns to fund holders. The AI industry has entered the “from 1 to 10” stage. At this stage, China's engineer dividends will accelerate the development of the domestic AI industry, and a large number of companies will enter a period of rapid development. In this direction, I am relatively more optimistic about domestic computing power and AI applications; this will be a direction with a relatively high win rate. The popularity of large models, the advancement of intelligent devices and robots, and the widespread application of AI software are all new growth points for the industry.

Looking ahead to the equity market in 2026, Li Xiaoxing, Deputy General Manager of Yinhua Fund Business and Fund Manager, believes that overall opportunities outweigh risks. Although AI-related technology stocks have accumulated significant gains, and some sectors have shown signs of partial overheating, in the context of the development and resonance of the AI industry in China and the US, there are still many targets in the technology direction that are expected to bring good returns to fund holders. The AI industry has entered the “from 1 to 10” stage. At this stage, China's engineer dividends will accelerate the development of the domestic AI industry, and a large number of companies will enter a period of rapid development. In this direction, I am relatively more optimistic about domestic computing power and AI applications; this will be a direction with a relatively high win rate. The popularity of large models, the advancement of intelligent devices and robots, and the widespread application of AI software are all new growth points for the industry.