In the trend of science and technology innovation industry, Jingshun Great Wall is mainly optimistic about investment opportunities in photovoltaic, new energy vehicles, semiconductors, new media, 5G, information technology and other fields.
In the industrial trend of consumption upgrading, we are mainly optimistic about investment opportunities in the fields of medicine, Internet consumption, alcohol and education.
Hong Kong stocks and A shares have complementary advantages.
The new fund can invest in Hong Kong stocks through Hong Kong Stock Connect to realize the complementary advantages of A shares and Hong Kong stocks.
As we all know, Hong Kong stocks include China's leading technology companies in high-quality sub-sectors, such as domestic Internet and software, new energy and photovoltaics, and intelligent manufacturing. These companies choose to list in Hong Kong stocks, which makes it difficult for A-share investors to invest directly. In addition, Hong Kong stocks also include Hong Kong stocks and foreign companies that are scarce in the A-share market and highly related to the theme of industrial trends, forming a good complementary advantage for A-shares.
On the other hand, since 20 19, A shares have been "floating red" for two consecutive years. Relatively speaking, Hong Kong stocks lag behind and the investment is cost-effective. At present, the valuation of Hong Kong stocks is not expensive horizontally (compared with the valuation of major global indexes) or vertically (compared with the valuation level in the past decade).
Reasons for Jingshun Great Wall to invest in scientific and technological innovation industry;
Jingshun Great Wall Industry has confidence in the new energy industry for two reasons. One is based on the goal of "carbon neutrality". Yang believes that "carbon neutrality" is not a new round of supply-side reform, but essentially a low-cost energy transformation.
This means that "carbon neutrality" will start from the perspective of energy-saving transformation on the power generation side and the application side; The second is the industrial revolution of electric smart cars.
Yang believes that, unlike the previous industrial revolution, China's smart electric vehicle industry chain has global competitiveness at the initial stage, while China's smart electric vehicle industry chain not only has a complete industrial chain, but also has a large enough scale, and global automobile brands are basically looking for suppliers in China.