Chinese Private Funds Favor Balanced A-Share Allocation as Market Stabilizes

The shift toward a barbell of dividend names and oversold tech suggests managers are hedging sector risk rather than betting on a broad rebound, which matters for anyone tracking where Chinese private fund flows land next. Their read that the correction was a localized bubble deflation, not a trend reversal, is the key claim to test: if that framing holds, activity should keep rotating between the two sleeves rather than concentrating in one. Whether the market-repair window they describe actually broadens beyond these two groups is the open question.