三大主线驱动中国资产价值重估向纵深演进

Group 1 - The core viewpoint is that China's asset prices are undergoing a significant revaluation driven by multiple factors, marking the beginning of a new era for the Chinese capital market [1] - The institutional opening of China's capital market is deepening, reshaping global capital allocation logic, as evidenced by the Shanghai Stock Exchange's focus on expanding cross-border investment channels and enhancing international competitiveness [3][4] - China's economic resilience is providing a solid foundation for asset value revaluation, with GDP growth expected to remain around 5% in 2026, and the attractiveness of RMB assets in global capital allocation is increasing [4][5] Group 2 - New growth drivers are emerging, with innovation, mergers and acquisitions, and globalization creating diverse investment paths that expand valuation space for Chinese assets [6][7] - The innovation sector, particularly in AI and new consumption, is becoming a hotspot for global capital, while mergers and acquisitions are enhancing asset quality through industry consolidation [7][8] - The globalization of Chinese enterprises is accelerating, broadening revenue sources and reconstructing the valuation system on a global scale, indicating that the revaluation of Chinese assets is not just a forecast but a current reality [8]