On January 5th, Li Xiaoxing, Deputy General Manager and Fund Manager of Yinhua Fund, stated that as 2026 marks the start of the 15th Five-Year Plan, the impact of price factors on nominal growth will weaken, and China's nominal economic growth is expected to achieve a definite rebound.
Regarding the equity market in 2026, he believes the overall opportunities outweigh the risks.
Although AI-related technology stocks have accumulated significant gains, and some sectors are showing signs of overheating, the synergistic development of the AI industry in China and the US suggests that many stocks in the technology sector still have the potential to generate good returns for fund holders.
Currently, the AI industry is entering the "from 1 to 10" industrialization stage. Leveraging China's significant engineering talent pool, the Chinese AI industry is expected to experience accelerated development, with a number of companies expected to enter a period of rapid growth.
In this direction, Li Xiaoxing is relatively more optimistic about domestic computing power and AI applications, believing they have a high probability of investment success.
With the popularization of large-scale models, the continuous advancement of intelligent devices and robots, and the widespread application of AI software, these emerging fields will continue to inject growth momentum into the industry. (Source: Jinshi)