Group 1 - The core viewpoint is that China's macroeconomic outlook is becoming more balanced and resilient by 2026, supported by policy stability and ongoing growth momentum, with a "dual-track growth" pattern of weak domestic demand and strong exports expected to continue [1] - The Chinese market is showing renewed vitality, driven by consumer support, stabilization in real estate, and structural reforms, which are enhancing the funding momentum for A-shares and offshore Chinese stocks [1] - The MSCI China Index is projected to rise by 31.4% in 2025, outperforming US stocks and other major global markets, with AI and technological innovation themes driving this rebound [1] Group 2 - The Chinese fixed income market offers a favorable risk-return profile due to high spreads, relatively short durations, and decreasing systemic tail risks, making issuer selection critical [2] - Under macroeconomic stability, low inflation, and ample onshore liquidity, Chinese sovereign bonds, financial bonds, state-owned enterprise bonds, and quasi-sovereign credit bonds remain attractive, providing a solid foundation for investment-grade assets [2]
外资资管机构：中国市场韧性提升 科技与创新领域仍具广阔机会
Sou Hu Cai Jing·2026-02-04 12:07