Group 1 - Mark Mobius holds 95% of his fund in cash, indicating a cautious approach due to trade uncertainties that may last up to six months [1] - Mobius believes that emerging markets like India will perform well once uncertainties stabilize, but he emphasizes the need to wait for clearer conditions [1] - A recent Bank of America survey shows that investor sentiment regarding the economic outlook is at its lowest in 30 years, reflecting increased risk due to tariff tensions [1] Group 2 - Mobius manages approximately $300 million in assets and expects India to benefit from the U.S. seeking to reshape global supply chains away from reliance on China [3] - He is optimistic about Indian stocks related to software and electronic hardware, while also holding a small amount of S&P 500 index funds to track the market [3] - Mobius anticipates that the S&P 500 index will recover by the end of the year as investor confidence in U.S. investments improves [3]

Group 1 - The core viewpoint emphasizes the need for companies in the Guangdong-Hong Kong-Macao Greater Bay Area to build a more resilient and collaborative international supply chain system in response to the complexities of global supply chain restructuring and rising protectionism [1][2] - The meeting highlighted structural issues such as insufficient industry chain collaboration, logistics and customs efficiency, and the urgent need to enhance companies' "soft capabilities" as they accelerate their international expansion [1][2] - Companies are urged to transition from a single-point breakthrough strategy to a systematic approach for international expansion, focusing on resilience, flexibility, and collaboration within their supply chains [1][2] Group 2 - The current global economic turmoil and geopolitical conflicts are driving regional and localized adjustments in international supply chains, presenting greater uncertainties and complexities for companies in the Greater Bay Area [2] - Companies are facing new trade barriers and regulatory challenges, necessitating the establishment of a composite capability that integrates technology, regulations, and branding to support the stability of their overseas supply chains [2] - The restructuring of supply chains requires companies to not only address logistics and market development but also to rebuild their entire supply chain system to possess cross-cycle and cross-market collaborative capabilities [2] Group 3 - The case of a PCB manufacturing company illustrates the need for a flexible model of "local manufacturing + overseas delivery," which aims to diversify production bases and mitigate external risks [3] - The Greater Bay Area cities are attempting to create "stable chain" hubs through institutional openness, with Zhuhai making significant strides in cross-border logistics system development [3][4] - The construction of new trade channels, such as the Hong Kong-Zhuhai-Macao Bridge and the upcoming Huangmaohai Cross-Sea Channel, is expected to enhance trade efficiency and stability in the global supply chain [3][4] Group 4 - The Hengqin Guangdong-Macao Deep Cooperation Zone is implementing a "line management" model that offers tax incentives and facilitates cross-border e-commerce and international trade, thereby reducing tax barriers for companies [4] - Hong Kong is positioned as a "super connector" for Greater Bay Area companies, leveraging its global resource network and regulatory experience to assist in international market expansion [5] - Macau aims to strengthen its role as a hub for Portuguese-speaking countries, utilizing its cultural and legal connections to build a cross-border supply chain network [6] Group 5 - The 2024 Guangdong-Hong Kong-Macao Greater Bay Area Exhibition Industry Development Report indicates a 1.32% year-on-year increase in exhibition events, with total area surpassing 31 million square meters, showcasing the region's potential in trade platforms and temporary industrial clusters [6] - Bay Area exhibitions are evolving into critical points for supply chain convergence and initial economic activities, enhancing companies' visibility and negotiation power in international markets [6]