淡马锡中国区主席吴亦兵：双轮驱动下的中国投资与并购新机遇

Core Insights - The Shanghai Stock Exchange International Investor Conference emphasizes the theme "Value Leading, Open Empowerment - New Opportunities for International Capital Investment and M&A" [1] - The conference serves as a platform for foreign investment institutions to communicate with domestic regulatory bodies, exchanges, listed companies, and financial institutions [1] Group 1: Investment Landscape - Temasek's investment strategy in China has evolved over 20 years, aligning with China's economic transformation and capital market development [2] - Temasek's focus areas include digitalization, sustainable living, new consumption, and longevity, which are crucial for China's future economic direction [2][3] - The firm has diversified its investment strategies across public markets, private equity, special transactions, funds, and strategic partnerships [2] Group 2: Economic Resilience - China's economy demonstrates strong resilience due to coordinated fiscal and monetary policies, transitioning from "stabilizing growth" to "promoting innovation" [2][3] - The government is promoting a unified market and guiding resources towards high-value sectors, while also implementing consumption stimulation and investment incentives [3] Group 3: M&A Market Dynamics - The current Chinese investment and M&A market is characterized by a "dual-driven" phenomenon, with mature industries entering a merger and acquisition phase [4] - Mergers and acquisitions are seen as essential for optimizing resource allocation and adjusting industrial structures, enhancing market concentration [4][5] - China's unique supply-demand ecosystem fosters rapid growth of world-class companies, supported by a large, digitalized market and efficient supply chains [4][5] Group 4: Future Outlook - Temasek aims to build a resilient and forward-looking investment portfolio in China, focusing on long-term, patient, and value-driven capital [5] - The firm anticipates continued collaboration with regulatory bodies and partners to leverage capital as a driver of innovation and value creation [5]