Semiconductor and broader tech-sector volatility has picked up since July.
Harvest Fund head of large-tech research Wang Guizhong told a company media
briefing he remains positive on China tech assets and is optimistic about an
accelerated domestic AI catch-up, saying AI-related tech currently shows no
systemic risk and does not warrant a bearish conclusion. He favors optical
communications tied to high-rate upgrades, parts of the chain seeing price
recovery, and semiconductor equipment, citing AI-cluster interconnect demand,
optical-module upgrades from 800G to 1.6T and trends such as co‑packaged optics
(CPO) and non‑packaged optics (NPO) as durable demand drivers and
higher-certainty growth within compute infrastructure.
