Caitong Fund Manager Jin Zicai: A-share investment in 2026 will focus on AI computing power and leading outbound enterprises.

On January 15th, the Caixin fund's 2026 investment strategy meeting was held in Shanghai. The deputy general manager and equity investment director of Caixin Fund, Jin Zi, expressed his views on the outlook for the capital market in 2026. He said that with the improvement of global liquidity environment and the acceleration of the artificial intelligence industry, the A-share market is expected to usher in a year with a more favorable overall environment and deepening structural characteristics. Investment should focus on industry trends and high-quality growth leaders. At the macro level, Jin Zi believes that global and domestic liquidity environments are expected to improve synchronously, laying a solid foundation for the market. Externally, the pace of interest rate cuts by the Federal Reserve in 2026 may accelerate, significantly reducing the external constraints faced by A-shares and making the overseas funding environment more friendly. Internally, domestic monetary policy will continue to support high-quality economic development and industrial upgrading, maintaining reasonable liquidity abundance.