Software stocks hit bottom in sell-off? Hedge funds speak up: Bought in at a low point.

Recently, the Sydney-based hedge fund GCQ Funds Management made a statement, indicating that the selling pressure on software stocks has bottomed out, and they have taken advantage of the market correction to buy technology stocks worth about 200 million Australian dollars. The fund sold some high-performing stocks, including positions in European luxury goods companies, and reallocated funds to the software sector, which had experienced a significant decline previously.