Chinese Mutual Funds Turn Bullish on Equities at Autumn Strategy Meetings, AI Remains Top Theme

The signal here is less about AI enthusiasm than about timing: Chinese mutual fund houses typically use these autumn meetings to set positioning into year-end, so a broad equity-favouring stance suggests the domestic institutional base is aligned on direction rather than divided. That matters for how crowded the AI theme becomes if allocation follows the rhetoric. The open question is whether the stated preference translates into actual flows, since strategy meetings are forward-looking by design and the funds gave no sizing detail.