"For a balanced portfolio, the main holding industries include non-ferrous metals, transportation, machinery, electronics, defense industry, power equipment, and computers."The Tang Xiaobin and Yang Dong, who are actively involved in multi-factor investment strategies, will focus on non-bank financial institutions and growth sectors. In the third quarter report, the two fund managers wrote, "After unexpected changes in monetary policy, in the fourth quarter we need to closely monitor whether fiscal policy will accelerate expansion, and whether there are signs of improvement in the fundamentals of real estate and consumption. Overall, we maintain our positions and remain optimistic about non-bank financial institutions and growth sectors with fundamental potential (such as innovative drugs, high-end manufacturing, etc.)." This article is reproduced from Caishenshe, edited by GMTEight: Chen Wenfang.