Institutions conduct intensive research on A-share listed companies, humanoid robots and semiconductor materials are popular.

According to Wind data statistics, in June, a total of 989 A-share listed companies were visited by institutions. From the perspective of research logic, the hard technology track has become the main theme of current institutional research and medium to long-term capital allocation, thanks to its clear industry upgrade path, continuous promotion of domestic substitution processes, and ample medium to long-term growth space. Responding experts indicate that the current styles of public funds, private equity, foreign capital, securities firms, and other institutions are increasingly divergent, but there is a high consensus on the bullish outlook for the technology growth track. Among them, humanoid robots, AI hardware, high-end semiconductor materials, and other cutting-edge sub-sectors are benefiting from the triple resonance of industrial iteration acceleration, concentrated performance realization of listed companies, and continuous improvement of market liquidity, making them key areas of market fund attention.