Seek .(US:SKLTY) Sou Hu Cai Jing·2025-10-29 05:37Group 1: Real Estate Market - The real estate market is undergoing a significant transformation, with average housing prices down approximately 30% from their peak in 2021 [3] - Governments are removing strict purchase restrictions, banks are lowering mortgage rates, and tax incentives are being introduced to stimulate the market [3] - Despite price declines, many cities still exhibit housing bubbles, particularly in first-tier cities like Shanghai and Shenzhen, where the price-to-income ratio can reach 40 times [5] Group 2: Investment Risks in Real Estate - The pandemic has negatively impacted incomes, making it difficult for residents to afford high housing prices [5] - The investment demand for real estate has significantly decreased, leading to concerns about potential further price declines [5] Group 3: Gold Market Insights - The liquidity of physical gold is questionable, as selling gold bars to banks often results in lower recovery prices compared to market value [7] - The price of gold is influenced by various factors, including the U.S. dollar index and global geopolitical situations, leading to high volatility [8] - Recent geopolitical events have caused significant fluctuations in gold prices, posing risks for ordinary investors [8] Group 4: Bank Deposits - Since 2024, major state-owned banks have been continuously lowering deposit interest rates, reducing the returns for savers [7] - Rising prices are eroding the purchasing power of savings, although bank deposits may still prevent significant wealth erosion compared to other investments [7] Group 5: Asset Allocation Strategy - A diversified asset allocation is essential for wealth preservation and growth, suggesting a balanced distribution across low-risk, medium-risk, and no-risk investments [7]