Investment Rating - The report provides an overview of emerging market funds with a total of US$140 billion allocated to active funds, indicating a cautious approach towards various markets [8]. Core Insights - The report highlights significant changes in market allocations, with Indonesia and India showing strong allocations of 35 basis points each, while Malaysia shows a notable decrease of 62 basis points [8]. - The performance of various sectors in China is analyzed, with Macau Gaming and China Liquor showing increases of 5.32% and 4.91% respectively, indicating robust growth in these sectors [11]. - The report emphasizes the growth potential in sectors such as artificial intelligence and renewable energy, with notable increases in their respective performance metrics [11]. Summary by Relevant Sections Market Allocation - Indonesia and India are leading with 35 basis points each, while Malaysia has decreased by 62 basis points [8]. - China shows a mixed allocation with a decrease of 265 basis points, indicating a cautious stance towards this market [8]. Sector Performance - Macau Gaming increased by 5.32%, while China Liquor rose by 4.91%, reflecting strong consumer demand [11]. - The China Artificial Intelligence sector shows a growth of 3.36%, with a significant increase of 21.37% over the longer term [11]. - Renewable energy sectors also show positive growth, with a 2.69% increase in performance metrics [11].

Group 1 - A recent Pew Research Center poll indicates a significant decrease in the number of Americans viewing China as an enemy, with those considering China an enemy dropping by 9 percentage points compared to last year [3] - The percentage of Americans who feel "very negative" towards China has also decreased by 10%, marking the first notable cooling in sentiment over the past five years [3] - 52% of Americans believe that tariffs imposed on China are detrimental to the U.S. as a whole, while 53% feel these tariffs negatively impact their personal circumstances, showing a significant shift in public opinion since 2021 [3][4] Group 2 - Attitudes towards China vary significantly across age groups, with 37% of individuals aged 50 to 64 expressing strong negativity towards China, compared to only 21% of those under 30 [4] - The younger generation is more influenced by social media and personal experiences, leading them to form their own opinions about China rather than relying on political narratives [4] Group 3 - The business community, including leaders like NVIDIA's CEO Jensen Huang, acknowledges the importance of the Chinese market, emphasizing that China is a key player in the global supply chain despite U.S. government restrictions on chip exports [5] - The perception of China as a market of opportunity rather than a threat is gaining traction among the tech and business sectors, countering the narrative pushed by some politicians [5] Group 4 - The interdependence of U.S.-China trade is highlighted, with imports from China helping to control inflation and providing affordable goods for American families [6] - California Governor Gavin Newsom's criticism of federal tariff policies reflects a broader sentiment among Americans who are tired of political manipulation and desire a more practical approach to living [6]

Core Viewpoint - The CEO of Nvidia, Jensen Huang, emphasizes that China is a unique market with unparalleled vitality, innovation, and development momentum, highlighting its significance for technology suppliers [1] Group 1: Market Characteristics - China is described as not just another market, but a unique one with exceptional vitality and innovation capabilities [1] - The development speed of the industry in China is noted to be unmatched globally [1] - The scale of the consumer base in China is extremely large, making it a critical market for technology companies [1] Group 2: Historical Context - Nvidia has been operating in China for 30 years, predating many other high-tech companies entering the market [1] - In the early days, the only notable tech companies in China were Lenovo and Great Wall [1] Group 3: Talent Pool - China is recognized for having one of the largest numbers of computer scientists globally, rivaling only the United States [1] - The presence of outstanding engineers in China contributes to its unique market position [1] Group 4: Strategic Implications - The CEO warns that not participating in the Chinese market could lead to unpredictable and potentially negative long-term consequences for technology suppliers [1]

2025.07. 20 本文字数：2342，阅读时长大约4分钟 进入7月以来，沪指多个交易日收涨，月内仅3个交易日收跌。自7月10日站上3500点之后，至今已 连续七个交易日收于3500点上方。 作者 | 第一财经 周楠 A股持续上攻、沪指站稳3500点之际，外资表态看好中国市场。 上周五（7月18日），沪指报收3534.48点，创年内收盘新高，当日涨幅0.5%。截至目前，沪指已连 续7个交易日站上3500点。资金交投情绪不弱，两市成交金额在本月上旬达到1.71万亿元、创近4个 月新高之后，近期维持在1.4万亿元以上。 第一财经关注到，对于近期的市场表现，多家外资机构称，中国市场股票估值具备吸引力，叠加基本 面改善、房地产市场趋稳、消费展现韧性等因素，具备进一步上行的潜力。 "投资者对中国股市的情绪日益乐观。"景顺亚太区全球市场策略师赵耀庭表示，投资者最初是受到更 强有力的国内政策支持的推动，随着中国人工智能领域的进展，市场情绪进一步升温。 多家外资机构看好中国市场 上周（7月14日至18日），A股三大指数继续上扬，创业板领涨，当周涨幅3.17%，深成指周涨幅 2.04%，沪指则累计上涨0.69%。 不过，上 ...

"中国市场非常神奇且有活力，是一个令人难以置信、独一无二的市场。"来华参加第三届链博会的英伟达CEO黄仁勋，毫不吝啬自己的赞美之词。 身着唐装，在链博会开幕式上首次用中文演讲，种种举动彰显了黄仁勋对中国市场的看重。 2025年7月16日，北京，英伟达首席执行官黄仁勋在链博会开幕式上发表演讲。 黄仁勋的惊叹，绝非个例，这已成为跨国公司高管的共同感受。 惊叹的背后，彰显中国市场的磁吸力。 作为全球第二大消费市场，中国拥有全球最大规模中等收入群体，投资和消费潜力巨大，任何一样产品乘上14亿，无疑是一个超大规模市场。 商务部18日在国新办举行的"高质量完成'十四五'规划"系列主题新闻发布会上透露一组数字： 数据显示，截至2025年6月底，"十四五"期间中国实际使用外资累计达7087.3亿美元，提前6个月完成了7000亿美元的引资目标；同时，累计新设外资企业 22.9万家，比"十三五"期间增加了2.5万家。 社会消费品零售总额从2020年的39.1万亿元提升到去年2024年的48.3万亿元，年均增长5.5%。今年有望突破50万亿元。 这是什么概念？ 从绝对值来看，中国的社会消费品零售总额相当于美国的80%左右；但从实际 ...

智通财经7月17日电，英伟达创始人兼CEO黄仁勋7月17日在第三届链博会上表示，对英伟达而言，中国 是世界上最大的市场之一。"中国市场非常神奇且有活力，有像阿里巴巴这样的客户和合作伙伴，他们 拥有雄厚的计算机科学实力，能够通过使用英伟达的产品来创造令人惊叹的服务，是一个令人难以置 信、独一无二的市场。"黄仁勋表示。 (上证报) 黄仁勋：对英伟达而言 中国市场独一无二 ...

贝莱德首席中国经济学家宋宇：外资机构对中国市场关注程度明显提高 智通财经7月14日电，在今日举行的贝莱德中国2025年中策略展望上，贝莱德首席中国经济学家宋宇表 示，去年"924"以来政策表现出来的灵活性对市场起到明显的托底作用，有三个明显变化：一是周期性 政策支持力度提高；二是强调民营经济重要作用；三是对外政策表现出更大的灵活性。在此背景下，外 资对中国市场态度也出现明显的转向：一是负面情绪明显减少，二是关注程度提高。（智通财经记者 闫军） ...

Group 1 - The core viewpoint is that the Chinese market is attractive to the global economy, with representatives from various countries eager to enter it [1]

6月6日，外交部发言人林剑主持例行记者会。林剑表示，今年前四个月，中国货物贸易进出口总值同比 增长2.4%，4月份进出口增速较一季度加快4.3个百分点。中国经济活力持续释放，外贸韧性不断提升， 充分说明无论外部环境出现何种挑战，"中国制造"依然是世界"刚需"，中国市场始终是投资"热 土"。"单边主义、保护主义难以为继，'筑墙设垒'阻挡不了中国与世界各国开放合作、共享发展的坚定 步伐。"林剑说。(北京日报) ...

Core Viewpoint - Huang Renxun stated that there will not be another market like China, and the idea of relying on the rise of other markets to replace the Chinese market is illogical, emphasizing that it would be a pity to exit the market [1] Summary by Relevant Categories - Market Perspective - The statement highlights the unique position of the Chinese market in the global landscape, suggesting that no other market can replicate its significance [1] - Strategic Implications - The commentary implies a strategic commitment to maintaining a presence in China, indicating that exiting the market would not be a viable option for companies [1]