财知浅见｜中国资产重估或成长期趋势

Core Viewpoint - The article emphasizes the systemic revaluation opportunity for Chinese assets driven by technological innovation, policy support, and global capital rebalancing, particularly in the context of AI advancements and other emerging technologies [2][4]. Group 1: Market Understanding - The transformation and upgrading of the Chinese economy is a continuous process, supported by technological innovation, industrial upgrades, and consumption upgrades [4]. - Policy measures are actively creating a favorable environment for high-quality economic development and asset revaluation [4]. - The rapid development of emerging technology sectors such as AI, new energy, and biomedicine is expected to provide more investment opportunities for foreign capital [4]. Group 2: Capital Market Support - The institutional support of the Chinese capital market facilitates overseas investment, with mechanisms like the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect being progressively improved [4]. - The alignment of ESG disclosure standards with international norms enhances foreign investors' confidence in the sustainable development of Chinese enterprises [4]. - Innovations in derivative tools and optimization of cross-border settlement processes are reducing friction costs and enhancing investment convenience for QFII and RQFII [4]. Group 3: Global Positioning - In the context of "de-globalization," Chinese assets combine the growth potential of emerging markets with the stability of developed markets [4]. - The internationalization of the Renminbi and the localization of ESG investments are expected to increase the weight of Chinese assets in global capital allocation [4].