还在升！！

Group 1 - The offshore RMB exchange rate has appreciated from 7.3-7.4 at the beginning of the year to 6.98 before New Year's Day [1] - The USD has depreciated by 4.8% against the RMB this year, with the USD index dropping nearly 10% [3] - The appreciation of RMB has rendered previous investments in high-yield USD deposits or US Treasury bonds less profitable, as the exchange rate loss offsets the interest earned [5] Group 2 - Current non-standard urban investment bonds present a potential investment opportunity, especially as year-end products are likely to emerge [6] - A conservative strategy focusing on stable returns is emphasized, with expectations of achieving 5-6% returns from non-standard urban investment bonds [6] - The RMB is expected to maintain a strong upward momentum in the short to medium term, with potential for further appreciation [6][8] Group 3 - The depreciation of the USD encourages foreign trade companies to convert their USD earnings into RMB, further supporting RMB appreciation [8] - The weakening of the USD due to the Federal Reserve's interest rate cuts allows for capital to flow back to domestic markets, which may also boost the RMB [8] - The current environment allows for more flexible monetary policy, as the pressure on RMB depreciation is reduced, facilitating a more accommodative stance [9] Group 4 - The experience accumulated over the years in investing in urban investment bonds has been positive, with a focus on maintaining a long-term investment strategy [9][10] - The investment philosophy emphasizes steady returns over short-term gains, aligning with the broader goal of sustainable growth [10]