CITIC Securities said Chinese public fund quarterlies showed electronics remained heavily favored in the second quarter of 2026, with the sector's holdings value reaching 1,583.888 billion yuan, up 155.46% from the first quarter, and its share of total fund heavy holdings rising to 39.08%, up 19.64%. The sector was overweight by 16.07% and remained at a high level, according to Jiemian News.
Within electronics, components increased their weight, while consumer electronics, semiconductors, other electronic components II and optoelectronics edged lower. CITIC Securities said valuations have fallen markedly after a sharp sector correction since July, but fundamentals remain strong: semiconductor equipment orders are becoming more certain, domestic compute orders and supply-chain stocking may accelerate, AI server demand is supporting PCB and AI power-supply momentum, and memory-price increases are becoming clearer. It added that opportunities in the supply chain are gradually expanding into consumer electronics, and that some quality names have entered valuation troughs with earnings delivery and valuation recovery potentially reinforcing each other.
CITIC Securities: Electronics Stocks Stay Overweight in China Mutual Funds Despite July Pullback
2026-07-28 01:23:07
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
