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China’s High-Profile Funds Ditch Consumer Stocks to Chase AI

Bloomberg Markets Wednesday 22 July 2026, 23:57 UTC By Bloomberg News 1 min read
Key Points

China’s High-Profile Funds Ditch Consumer Stocks to Chase AI Some high-profile Chinese funds heavily invested in consumer names are pivoting to AI stocks, a bet that may boost returns but also leaves them more vulnerable to the sector’s volatility. The E Fund Blue Chip Selected Mixed Fund, one of China’s largest actively managed portfolios, cut its long-held positions in liquor makers — Kweichow Moutai Co., Wuliangye Yibin Co. and Luzhou Laojiao Co. — to a combined 13% in the second quarter...

China’s High-Profile Funds Ditch Consumer Stocks to Chase AI Some high-profile Chinese funds heavily invested in consumer names are pivoting to AI stocks, a bet that may boost returns but also leaves them more vulnerable to the sector’s volatility. The E Fund Blue Chip Selected Mixed Fund, one of China’s largest actively managed portfolios, cut its long-held positions in liquor makers — Kweichow Moutai Co., Wuliangye Yibin Co. and Luzhou Laojiao Co. — to a combined 13% in the second quarter from 30% at end-March. The fund added prominent artificial intelligence names, such as Semiconductor Manufacturing International Corp. and printed circuit maker Suzhou Dongshan Precision Manufacturing Co., according to its latest filing.
China (LOCATION) Chase AI China’s (ORG) Chase AI (ORG) Chinese (ORG) AI (ORG) Kweichow Moutai Co. (ORG) Wuliangye Yibin Co. (ORG) Luzhou Laojiao Co. (ORG) Semiconductor Manufacturing International Corp. (ORG) Suzhou Dongshan Precision Manufacturing Co. (ORG)
Originally published by Bloomberg Markets Read original →

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