Jiashi Fund manager Fang Han: Equity market in 2026 is rational and optimistic, focusing on AI applications and domestic demand sectors.

At the Jan. 23 Jia Shi Fund 2026 Investment Strategy Summit, Fang Han, Director of Stock Strategy Research at Jia Shi Fund, said that the overall market sentiment for equities in 2026 is rational and slightly optimistic, and will see structural and rhythmic key changes. Fang Han reviewed that the main theme of the market in 2025 focused on three directions: first, the investment boom driven by AI; second, the revaluation of strategic resources such as AI infrastructure demand; and third, the revaluation of enterprise value brought by Chinese manufacturing going global.