国海富兰克林基金徐荔蓉：资产管理机构需发挥专业能力

Core Insights - The conference "Reform and Restructuring - 2025 Public Fund High-Quality Development Conference and the 22nd Fund Industry Golden Bull Award Ceremony" was held in Shanghai, highlighting the importance of high-quality development in the public fund industry [1] - Xu Lirong, General Manager and Chief Investment Officer of Guohai Franklin Fund, emphasized the company's extensive experience in cross-border investment services, having served international sovereign funds and institutional investors for over thirteen years [1] - The current phase of systematic and deep value reassessment of Chinese assets, including A-shares and H-shares, is driven by China's irreplaceable position as a global growth engine and innovation source [1] Group 1 - Xu Lirong noted that the allocation weight of Chinese equity assets in global investment portfolios is significantly mismatched with China's share of the global economy [2] - Key trends in foreign capital "increasing allocation" include a systematic return to reasonable allocation levels, a new funding structure characterized by "solid foundations and continuous inflow," and the strategic value enhancement of Chinese assets due to RMB internationalization [2] - The valuation recovery path for Chinese assets is ongoing, supported by the continuous improvement of the domestic economy, coordinated macro policies, steady capital market reforms, and the increasing quality and investment value of listed companies [2]