Prepping for Q4 Equity Market: Public Funds Use Balanced Allocation to Weather Volatility

Since the third quarter, China's A-share market has undergone a significant structural rebalancing. Looking ahead to Q4, investment themes have become the focal point of attention. Recently, fund companies including Wanjiya Fund, Morgan Asset Management, HSBC Jinsheng Fund, Bosera Fund, and Guolianan Fund released their latest Q4 investment strategies. Public funds generally believe that the market adjustment in Q3 was primarily due to the digestion of trading congestion and capital rebalancing, rather than a reversal in core industrial logic. Facing the arrival of Q4, the market is expected to trend upward amid valuation repairs and broadening rallies. Regarding allocation strategies, fund companies predominantly advocate maintaining exposure to hard-tech trends such as AI while adopting a more balanced approach. According to a review by Securities Times reporters, overseas manufacturing, strategic resources, and low-valuation traditional sectors with room for repair have emerged as key directions favored by major public funds.