In the ever-evolving landscape of the financial markets, investment strategies and perspectives become crucial in navigating challenges and seizing opportunitiesHigh Yi Asset’s chief investment officer, Deng Xiaofeng, highlights that in a dynamic, competitive environment, the success of fund managers largely hinges on their cognitive abilities and their capacity for continuous learningThis ongoing journey of understanding and judgment regarding real-world developments is emblematic of the modern investment climate.

The insights offered by several fund managers in the recently published public fund reports for the fourth quarter of 2024 reflect a broader shift in investment philosophy and practices, particularly influenced by the rapid advancement of artificial intelligence (AI). Since the introduction of ChatGPT, artificial intelligence has surged forward, with new AI models and applications emerging at breakneck speed, which is now distinctly mapped to capital marketsMany concept stocks within the AI realm have shown remarkable strength, with funds heavily invested in artificial intelligence yielding impressive net asset value performance.

Take Fu Pengbo, a seasoned investment veteran at Ruifeng Fund, as an illustrationHe is noted as one of the longest-tenured fund managers in the current public fund industryIn his latest quarterly report, Fu emphasized an intensified focus on sectors like artificial intelligence, augmented and virtual reality (AR/VR), and smart automotive driving since the beginning of 2024. His strategy includes acquiring stocks reflective of these cutting-edge fields, as he believes that these technologies are poised to significantly shape the global economy and the landscape of traditional industriesConsequently, positioning investments to capitalize on new technologies and their associated companies is critical for deeper research and future developments.

Similarly, Liu Yuanhai, the manager of Dongwu Mobile Internet Fund, is well-regarded for his expertise in technology-driven growth sectors

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Liu quickly adapted to the advancements following the launch of ChatGPT, shifting his fund's focus and witnessing significant performance gains over the past two yearsLiu observes that the primary driver of global technological innovation now stems from advancements in artificial intelligenceHe posits that the core investment strategy for technology stocks on the A-share market will increasingly revolve around developments in AIIt is essential for fund managers to maintain a culture of agile learning to adeptly seize forthcoming investment openings amid this unprecedented transformation.

Li Xin, another manager of Huazheng Intelligent Equipment Theme Fund, has also dedicated himself to exploring investment opportunities aligned with technology innovationHis latest quarterly report indicated a strong interest in industries related to new productivity dynamics, chiefly focusing on the opportunities presented by global innovations in AIWhile the technical language he employs may be difficult for average investors to fully grasp, it highlights a thoughtful engagement with ongoing industry evolution.

Li perceives the constantly deepening and broadening nature of AI models due to technological upgrades as an enlightening facet of the fieldAs AI becomes adept at interpreting the physical world, its adaptability and explanatory capabilities thriveThis evolution renders AI far more pervasive beyond siloed domains, empowering a wide range of end-user devicesIn the mobile internet space, AI's presence is profoundly woven into everyday life—from smart voice assistants that streamline day-to-day tasks to meticulously crafted content recommendation algorithms that personalize user experiences.