Huang Hai, investment director and fund manager of Wanjia Fund, said that the recent rebound in the technology sector is more due to the restoration of the chip structure after early adjustments. There are no conditions for a systematic reversal of fundamentals. The subsequent market style may rotate repeatedly between dividend value and technological growth, and dividend assets may experience excess returns in the second half of the year. Overall, Huang Hai believes that assets with stable cash flow and high dividend rates will still be an important focus of attention in the second half of the year, such as coal, non-ferrous metals, and petrochemicals. If there are new changes in the geopolitical situation, it will benefit the energy sector.

Huang Hai, investment director and fund manager of Wanjia Fund, said that the recent rebound in the technology sector is more due to the restoration of the chip structure after early adjustments. There are no conditions for a systematic reversal of fundamentals. The subsequent market style may rotate repeatedly between dividend value and technological growth, and dividend assets may experience excess returns in the second half of the year. Overall, Huang Hai believes that assets with stable cash flow and high dividend rates will still be an important focus of attention in the second half of the year, such as coal, non-ferrous metals, and petrochemicals. If there are new changes in the geopolitical situation, it will benefit the energy sector.