Group 1 - The core viewpoint is that overseas capital is currently underweight in Chinese assets, but this situation is expected to change due to China's economic transformation and capital market reforms [1] - China's GDP accounts for approximately 18% of the global total, while its weight in the MSCI index is only about 4%, indicating a significant disparity in asset allocation [1] - The recent market rally in A-shares post-September 2024 signifies a shift in asset allocation direction among residents, moving towards a revaluation phase [1] Group 2 - The fundamental enhancement of Chinese enterprises is crucial for attracting capital, with a transition from "product going global" to "industry chain going global," "technology going global," "culture going global," and "business model going global" [2] - Not all overseas investment institutions have established research teams in China, leading to a lag in understanding the evolving asset quality and business models of Chinese companies [2] - China's unique opportunities in the AI sector, characterized by open-source and low-cost approaches, are successfully attracting global investors [2]
富达基金孙晨：全球资本低配中国资产情况有望改变
Zhong Guo Zheng Quan Bao·2026-01-06 20:42