China Asset Management Fund Beats 98% of Peers, Bets Big on AI and Healthcare Value Chain

A top-performing fund from China Asset Management Co. is placing a major bet on the country's artificial intelligence sector, with its manager asserting the stocks are far from bubble territory. The fund, which has outperformed 98% of its peers, is actively seeking opportunities across the entire AI value chain, signaling a deep conviction in the sector's long-term growth potential beyond the current hype cycle.

The fund's strategy extends beyond a single niche, also showing a strong bullish stance on the healthcare sector. This dual focus on AI and healthcare represents a calculated move into two of China's most critical and policy-supported innovation fields. The manager's public dismissal of bubble fears contrasts with broader market caution, positioning the fund as a confident contrarian player capitalizing on what it sees as foundational, rather than speculative, value.

This aggressive positioning by a leading performer puts pressure on rival funds and could influence capital flows within China's domestic market. It highlights a specific institutional view that the real opportunity lies not in chasing short-term AI narratives, but in identifying and investing in the underlying companies that build, supply, and enable the technology. The move also underscores the continued importance of healthcare as a core growth pillar, even as AI captures headlines.