In the third quarter, the technology sector, which had performed well in the first half of the year, made adjustments, and discussions on whether the technology group was loose heated up in the public offering. On the one hand, the two major electronics and communications industries still account for a high share of public investment, and funds have not been systematically withdrawn; on the other hand, fund managers who invested in the AI computing power industry chain were fragmented and stuck to the segmentation circuit. The pioneers switched to the AI application side, the cautious ones balanced allocation, and the defenders cleared their positions in exchange for the racetrack. Looking ahead to the future market, fund managers' long-term consensus that they are optimistic about the AI industry has not changed, but judgments on valuation and structural direction are becoming more refined.

In the third quarter, the technology sector, which had performed well in the first half of the year, made adjustments, and discussions on whether the technology group was loose heated up in the public offering. On the one hand, the two major electronics and communications industries still account for a high share of public investment, and funds have not been systematically withdrawn; on the other hand, fund managers who invested in the AI computing power industry chain were fragmented and stuck to the segmentation circuit. The pioneers switched to the AI application side, the cautious ones balanced allocation, and the defenders cleared their positions in exchange for the racetrack. Looking ahead to the future market, fund managers' long-term consensus that they are optimistic about the AI industry has not changed, but judgments on valuation and structural direction are becoming more refined.