资产管理机构需发挥专业能力

Group 1 - The core viewpoint presented by Xu Lirong is that Chinese assets, including A-shares and Hong Kong stocks, are undergoing a systematic and deep value reassessment, making them a "must-have" in global investment portfolios [1][2] - Guohai Franklin Templeton Fund has over 13 years of experience in cross-border investment services, with a client network covering markets in Hong Kong, the Middle East, Europe, and Southeast Asia [1] - The company leverages its foreign shareholder, Franklin Templeton Investment Group, to maintain frequent and in-depth communication with global research teams [1] Group 2 - Xu Lirong highlights a significant mismatch between the allocation weight of Chinese equity assets in global investment portfolios and China's share of the global economy [2] - Key trends for foreign capital "increasing allocation" to Chinese assets include a systematic return to reasonable allocation levels, a new funding structure characterized by stability and continuous inflow, and the strategic value enhancement of Chinese assets due to the internationalization of the Renminbi [2] - The ongoing recovery of the domestic economy, coordinated macro policies, steady capital market reforms, and the increasing quality and investment value of listed companies indicate that the valuation recovery path for Chinese assets is continuing and is expected to enter a more stable and sustainable new phase [2]