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Industry insiders said that from the point of view presented in the disclosed public fund interim report, when market sentiment shifts from generally raising valuations to screening real growth, fund managers' operational focus will also gradually shift from “betting on the direction” to “cashing in on growth”: it is necessary not only to determine whether industry trends are established, but also to continuously test whether companies can transform trends into orders, profits, and cash flow, and establish a sufficient margin of safety between growth space and purchase prices

Zhitongcaijing·08/27/2026 21:25:12
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Industry insiders said that from the point of view presented in the disclosed public fund interim report, when market sentiment shifts from generally raising valuations to screening real growth, fund managers' operational focus will also gradually shift from “betting on the direction” to “cashing in on growth”: it is necessary not only to determine whether industry trends are established, but also to continuously test whether companies can transform trends into orders, profits, and cash flow, and establish a sufficient margin of safety between growth space and purchase prices