What is the direction of future investment?

On the afternoon of 10, after Beijing and Shenzhen, a closed-door seminar was held in Shanghai on "Heroes of Private Equity in Finance and Discussion on Investment Strategies after the 19th National Congress".

For the future, what direction is most worthy of our attention? Chen Jialin, general manager of Shicheng Investment, said that we judge that the future will not only be 20 18, but in the longer term, we believe that there will be more stable growth in the consumer sector; Followed by technological innovation, including Tencent, JD.COM, Ali, etc. Technology stocks can be given a higher valuation level because of their growth. Although the number of companies that really continue to grow and become bigger and stronger in today's A-share market is limited, there will be more and more companies in the A-share market, whether they are existing stocks or future IPOs or through mergers and acquisitions.

Chen Jialin said that in the field of scientific and technological innovation, more specifically, including artificial intelligence, semiconductors and chips in the national strategy, there will still be considerable investment opportunities in the future.

Li Jinlong, general manager of Reagan Fund, said, From another angle, suppose I am VC and PE now, what industry should I invest in? First, the more data is used, the more valuable it is. The results of data analysis can be more and more accurate, and the things analyzed can be more and more accurate. If you have data traffic import, you can do more and more things. Second, biotechnology, with the improvement of the overall population and medical level, machine analysis is more and more in place, including nanotechnology, which is a great development in the future.

Zhou Liang, general manager of Shaoyao Brand Assets, said that while considering the potential returns of stocks, we should also consider the potential risks. Also optimistic about the industry = whether the current price is high or low. After analysis, a general direction that can be considered next year is the big blue chip of AH shares.

Mark Chao, general manager of Qianxiang Assets, said that it has greater potential to embrace technology more closely. Many times, I am optimistic about an industry, and I dare not hold a heavy position or just can't hold it. Therefore, in order to get a return in the transaction, I have to have the concept of compound interest. Compound interest must be dispersed, and I can't be heavy. Relatively speaking, quantitative decentralization is more reliable.

Zhou Yayuan, partner of Guoyu Investment and director of investment research, said that the sectors of recent concern include semiconductors, artificial intelligence and 5 G. The future of artificial intelligence is a direction and the direction of the Internet of Things.