开源证券:坚持科技 高低切的时机尚未到来

市场资讯
Sep 21, 2025

来源:开源证券股份有限公司本轮行情当中,科技占优的中长期背景本轮行情当中,科技呈现了3 大中长期占优的因素:(1)科技品种的相对盈利再度占优,这是中期风格占优的充分条件。类似的情况,在2013 年、2015 年、2020-2021 年均出现过,而这三次科技风格均实现了中期的显著占优。(2)海外映射是本轮科技的重要支撑。(3)全球半导体周期再次共振向上,科技大类的机会层出不穷。不同于上轮由消费电子(...

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