加大权益资产配置、支持新质生产力，长期资金配置结构在变化

Core Insights - Long-term capital is increasingly flowing into the capital markets, with a growing allocation towards equity assets, particularly in technology [3][10] - The discussion at the Shanghai Stock Exchange International Investors Conference highlighted the need for long-term funds to balance return growth with risk management [3][12] Group 1: Technology Assets - Technology assets have emerged as a strong investment theme in the global capital market this year, driven by significant industry transformations [4][10] - The rise of global technology stocks is primarily fueled by breakthroughs in artificial intelligence, supported by improved global liquidity and policy investments [4][5] - Different markets exhibit both synchronized trends and structural differences, impacting investment strategies [4][5] Group 2: Long-term Investment Strategies - Long-term funds should focus on three key areas: maintaining investment longevity, ensuring stability against high volatility, and achieving scale to diversify risk while generating returns [6][7] - Insurance asset management institutions emphasize a "long-term" and "diversified" approach to support technological innovation and development [6][7] Group 3: Market Dynamics and Challenges - The current macroeconomic environment and capital market demands are driving long-term funds to increase their equity asset allocations [10][11] - Challenges remain in attracting long-term capital, including the need for a mature capital market to reduce volatility and improve dividend mechanisms for listed companies [11][12] - The outlook for China's economy and capital market is optimistic, presenting significant investment opportunities for long-term investors [12]