Group 1 - The core viewpoint is that the global capital market's strong performance driven by technology is expected to continue into 2026, with AI investments showing potential despite some companies being overvalued [1][2]. - The transformation brought by new technologies is compared to the internet boom of the 1990s, with significant capital expenditure in AI leading to broad productivity improvements [2][3]. - China is rapidly advancing in AI capabilities, establishing its own ecosystem to reduce reliance on the West, which is expected to enhance the performance of Chinese tech stocks by 2025 [3]. Group 2 - Despite the optimistic outlook for AI investments, there is a caution regarding the high uncertainty in future developments and the need to identify true winners among AI projects [2]. - The investment landscape is shifting, with Europe becoming more attractive due to declining inflation and interest rates, alongside strong corporate balance sheets [5][6]. - The trend of diversifying investments is increasing, with a focus on assets outside the US dollar, driven by a weaker dollar and strong domestic demand in Asia [6].
更广泛牛市的迹象可见！外资巨头最新发声
券商中国·2025-11-28 01:03