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多只绩优基金年内“变脸”,基金经理称对科技股认知需转向商业化兑现等

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Grammar Points

在……中/下In the context of / duringHSK 4

This pattern places an action or situation within a background, scope, or condition. 在……中 often means “in/during …”, while 在……下 means “under … conditions/background”. It is very common in news and formal writing to introduce context before the main statement.

"在去年“科技牛”中表现出色的部分绩优基金,因行情切换遭遇了净值下降。"

"在部分抱团资金开始松动并逐渐高低切换的背景下,押注单赛道策略的风险暴露无遗。"

因……Because ofHSK 5

因 is a formal written equivalent of 因为, meaning “because of” or “due to”. It is often followed directly by a noun phrase or event, and is common in financial, academic, and journalistic Chinese.

"因行情切换遭遇了净值下降。"

虽然……但……Although... still/but...HSK 4

This is a concessive pattern used to show contrast: although one situation is true, another statement still holds. In formal writing, the second part may use 但, 但是, 可是, or sometimes omit the connector when the contrast is clear.

"虽然当前科技股仍旧是当仁不让的主线,但有基金经理指出,当步入“达尔文时刻”,市场对科技股的认知需从“概念叙事”转向“商业化兑现”与“技术落地确定性”。"

从……转向……Shift from... to...HSK 5

This pattern expresses a change in focus, direction, strategy, or state from one thing to another. It is especially common in formal analysis and news reporting when describing transformation or adjustment.

"市场对科技股的认知需从“概念叙事”转向“商业化兑现”与“技术落地确定性”。"

当……When / uponHSK 3

当 introduces the time or condition under which something happens, similar to “when” or “at the point when”. In formal written Chinese, it can also introduce a new stage or circumstance that triggers a change.

"但有基金经理指出,当步入“达尔文时刻”,市场对科技股的认知需从“概念叙事”转向“商业化兑现”与“技术落地确定性”。"

Key Vocabulary

deHSK1

(bound form) bull's-eye; target

基金jī jīnHSK6

fund

切换qiè huànHSK7

to switch over

leHSK1

to finish

zàiHSK1

(used before a verb to indicate an action in progress)

科技股kē jì gǔ
行情háng qíngHSK7

quotation of market price

部分bù fēnHSK4

part; portion; piece

zhōngHSK3

middle; center

重仓zhòng cāng
产品chǎn pǐnHSK5

merchandise

绩优jì yōu
叙事xù shì
证券时报zhèng quàn shí bào
松动sōng dòng
抱团bào tuán
逐渐zhú jiànHSK5

gradually

盈亏yíng kuī
shìHSK1

(adverb for emphatic assertion)

HSK4

together with

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