Morgan Asset Management China: A-share opportunities in 2026 will exceed risks, focusing on four major directions such as consumer electronics.

Morgan Asset Management hosted a conference on investment strategy for 2026. Li Bo, the leader of the balanced growth team of Morgan Asset Management China equity team, stated that the opportunities in the A-share market in 2026 will be greater than the risks. The investment strategy will continue to focus on balanced diversification, with the main emphasis on four areas: firstly, consumer electronics may still be in a period of innovation, with the valuations of leading companies at relatively historical lows, stable growth expected for the whole year, and potential long-term value for investment; secondly, in the lithium battery industry chain, with the subsidies for replacement of old with new batteries exceeding expectations, supporting domestic demand for electric vehicles in 2026, and expecting growth in lithium battery demand for the whole year; thirdly, in the large financial sector, if the equity market continues its slow bull market trend, the fundamentals of the non-banking sector are expected to remain prosperous; fourthly, "expanding domestic demand" has been listed as a key focus of economic work in 2026, with a focus on tracking the rise of emerging sub-sectors.