PANews
PANews|Aug 03, 2026 09:22
[Analysis: The tech growth trend is currently closely aligned with overseas market dynamics, with the storage sector showing significant 'capital attraction'] According to reports from EveryDay News, ChangXin Memory Technologies went public on the STAR Market this July, and multiple hard-tech companies are accelerating their approval processes, with hard-tech stocks in the Hong Kong market performing strongly. However, the A-share market experienced its largest monthly correction of the year, with the STAR Market 50 Index dropping nearly 26% in a single month and a maximum drawdown exceeding 30% within the month. Several public FOFs (Funds of Funds) heavily invested in tech and related thematic funds saw noticeable pullbacks. Regarding the adjustments in July and since mid-to-late June, there are differing opinions and strategies within the investment community. Some analysts believe that the current tech growth trend is closely tied to overseas market dynamics, with the storage sector showing significant 'capital attraction,' though such strong cyclical sectors lack sustainability. Another perspective suggests that the current A-share market has a chaotic capital structure, but once adjustments stabilize, there will still be opportunities in the tech growth direction.
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