Recently, investment sentiment in the consumer sector has continued to pick up, and many consumer targets that public fundraising adheres to have relied on the results of semi-annual reports to recover and independently repair the market. Benefiting from the performance of heavy individual stocks outperforming the market, the structured selection layout has become the core strategy for current consumer funds to seize opportunities in the sector. The current consumer sector rebound covers various segments such as traditional consumption, new consumption, and consumer internet. However, according to many public fund managers, this round of consumer rebound is not a general rise. Overall, it shows structural characteristics of point restoration rather than overall strengthening. Market opportunities are highly concentrated in high-quality segments that can break through macro-narrative suppression and continuous improvement in fundamentals. It is worth mentioning that many consumer fund managers believe that the current overall valuation of consumer stocks is extremely cost-effective, but the main opportunity in the future still lies in individual stock exploration rather than the overall rise in the industry. Investment strategies still need to stick to a structural layout with trade-offs and targets.

Recently, investment sentiment in the consumer sector has continued to pick up, and many consumer targets that public fundraising adheres to have relied on the results of semi-annual reports to recover and independently repair the market. Benefiting from the performance of heavy individual stocks outperforming the market, the structured selection layout has become the core strategy for current consumer funds to seize opportunities in the sector. The current consumer sector rebound covers various segments such as traditional consumption, new consumption, and consumer internet. However, according to many public fund managers, this round of consumer rebound is not a general rise. Overall, it shows structural characteristics of point restoration rather than overall strengthening. Market opportunities are highly concentrated in high-quality segments that can break through macro-narrative suppression and continuous improvement in fundamentals. It is worth mentioning that many consumer fund managers believe that the current overall valuation of consumer stocks is extremely cost-effective, but the main opportunity in the future still lies in individual stock exploration rather than the overall rise in the industry. Investment strategies still need to stick to a structural layout with trade-offs and targets.