Norinco Hexin Mixed A Posts Second-Quarter Profit of 1.398 Billion Yuan, Net Value Grows 75.79%

Earnings
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Norinco Hexin Mixed A disclosed its second-quarter 2026 report, with a second-quarter fund profit of 1.398 billion yuan and a weighted average fund unit profit of 1.6657 yuan. The fund's net value growth rate during the reporting period was 75.79%, and as of the end of the second quarter, the fund size stood at 2.967 billion yuan. The fund is a flexible allocation fund that invests long-term in TMT stocks. As of July 23, the unit net value was 3.098 yuan. Fund manager Chen Yanpeng managed two funds, both of which delivered positive returns over the past year. In the second-quarter report, the fund manager stated that looking ahead to the second half of 2026, the tech stock rally will continue to revolve around AI computing power and AI applications. They remain bullish on semiconductor equipment and materials, and believe that AI is the core driver of this tech cycle, with global AI capital expenditure expected to maintain a prolonged upward cycle.

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