外资机构热议中国资产“机遇期”

Group 1 - Recent developments in the Asian market include South Korea incorporating corporate value enhancement plans into its legal framework and Singapore focusing on increasing dividend payouts and optimizing listing processes, aimed at improving capital allocation and releasing undervalued corporate value while enhancing shareholder returns [1] - Deutsche Bank's Chief Economist for China, Xu Yi, highlighted that 2025 will be a crucial year for reshaping China's long-term economic outlook and showcasing its technological strength, with consumption continuing to be the main engine of economic growth and investment's contribution to GDP expected to rebound [1] - The World Bank, IMF, and ADB have recently raised their economic growth forecasts for China in 2025, reflecting a consensus on the positive and stable long-term trend of the Chinese economy, with the IMF projecting growth rates of 5.0% and 4.5% for 2025 and 2026 respectively, up by 0.2 and 0.3 percentage points from previous forecasts [1] Group 2 - Standard Chartered's wealth management team maintains an overweight stance on Chinese stocks, benefiting from improved corporate governance and policy support for technological innovation, predicting strong performance in the Asian market excluding Japan [2] - UBS's wealth management investment office also emphasizes "seizing the Chinese opportunity," citing strong earnings, ample liquidity, policy support, and attractive valuations as reasons to remain optimistic about the Chinese market, with significant growth expected in the technology sector driven by innovation and spending by 2026 [2] - Chinese stock valuations remain lower than those of global peers and significantly below historical highs, indicating potential for upward adjustment [2]