Core Insights - The 19th HED China Summit will be held in Shenzhen on January 15, 2026, focusing on the integration of private equity and wealth management [1] - The event will gather over 400 decision-makers from private equity funds, brokerages, banks, trusts, family offices, and wealth platforms to facilitate high-quality development in the asset management industry [1] Agenda Highlights - The morning session includes a welcome speech, keynote addresses on wealth allocation trends for 2026, and discussions on new wealth logic and asset allocation strategies in a low-interest-rate environment [2] - Afternoon sessions will cover topics such as investment value in Hong Kong and mainland stocks, cross-border asset allocation, and innovations in brokerage advisory services [2] - The event will conclude with discussions on the ecosystem of ETFs and cross-border asset allocation in the context of stablecoins [2] Additional Sessions - The agenda features discussions on innovative stock strategies, the application of AI in quantitative stock strategies, and the evolution of investment strategies in a low-interest-rate environment [4][5] - Keynote speeches will address the investment opportunities arising from the global interest rate decline and the challenges and opportunities for investment funds [5]

Core Insights - The "2025 Xiangmi Lake Wealth Management Week" has officially launched, highlighting a significant growth in national wealth management assets, which have increased by over 15% year-on-year [1][2]. Group 1: National Wealth Management Growth - The total asset management scale of trust, wealth management, and insurance institutions has surpassed one trillion yuan, with a year-to-date growth of nearly 6% and a year-on-year increase exceeding 15% [2]. - There are currently 135 institutions in the wealth management sector, including 67 trust companies, 32 wealth management companies, and 36 insurance asset management companies [2]. Group 2: Shenzhen Wealth Management Landscape - Shenzhen's wealth management ecosystem has developed robustly, with the total wealth management scale exceeding 31 trillion yuan, approaching levels seen in Hong Kong and Singapore [3]. - The city is focusing on enhancing its capital market functions and developing various wealth management products to support the growth of new productive forces [3]. Group 3: Local Government Initiatives - The Futian District, as Shenzhen's financial center, manages assets exceeding 18 trillion yuan, accounting for about 60% of the city's total wealth management scale [4]. - Futian aims to create a global financial resource hub and attract financial institutions to expand their wealth management footprint [4]. Group 4: Industry Collaboration and Innovation - The China Insurance Asset Management Association emphasizes the importance of asset allocation in a low-interest-rate environment, with banks and insurance asset management institutions playing a crucial role in supporting national strategies and local economic development [5]. - Various financial institutions are collaborating to enhance services for innovative enterprises, including signing a 7 billion yuan AIC mother fund to support tech innovation [6]. Group 5: Cross-Border Financial Services - The "Xiangmi Lake Wealth Management Week" features a series of activities aimed at enhancing cross-border financial services and supporting mainland enterprises in expanding overseas [7]. - Hong Kong's government is working on optimizing tax relief measures to attract more mainland enterprises to establish financial centers in Hong Kong [7].

Core Viewpoint - The "2025 Xiangmi Lake Wealth Management Week" has officially launched, highlighting a significant growth in national wealth management assets, which have increased by over 15% year-on-year [2][5]. Summary by Sections Event Overview - The "2025 Xiangmi Lake Wealth Management Week" commenced on October 21, 2023, supported by various financial authorities and associations in Shenzhen [4]. National Wealth Management Growth - As of now, there are 135 institutions in China managing wealth, including 67 trust companies, 32 wealth management companies, and 36 insurance asset management companies. The total assets under management exceed 100 trillion yuan, with a growth of nearly 6% since the beginning of the year and a year-on-year increase of over 15% [6]. Shenzhen Wealth Management Landscape - The wealth management scale in Shenzhen has surpassed 31 trillion yuan, approaching levels seen in Hong Kong and Singapore. This growth is supported by the establishment of various funds and the development of a financial center in Shenzhen [7]. Regional Contributions - In the Futian District, wealth management institutions manage over 18 trillion yuan, accounting for about 60% of the city's total. The district aims to create a global financial resource hub and attract financial institutions to expand their wealth management operations [9]. Insurance and Asset Management Insights - The insurance asset management sector is actively exploring new paths for value creation through technology and industry upgrades. As of Q2 2025, the scale of bank wealth management and insurance funds is significant, contributing to local economic development [11]. Financial Initiatives and Collaborations - A 7 billion yuan AIC fund was signed to support innovation in technology enterprises. Various financial institutions shared their strategies and initiatives aimed at enhancing wealth management services [12]. Cross-Border Financial Services - The event included discussions on cross-border financial services, with Hong Kong officials emphasizing the integration of resources to support mainland enterprises in expanding overseas. Tax incentives are being studied to attract more mainland companies to establish financial centers in Hong Kong [15].

Group 1 - The event "2025 Asset Management Annual Conference" was held in Shanghai, focusing on multi-asset allocation strategies in a low-interest-rate environment [1] - Confidence and capital are crucial for the long-term development of China's capital market, with significant inflows from state-owned entities and pension funds since the "9.24" event last year [3] - The central economic work conference in December introduced a moderately loose monetary policy, marking a shift in the monetary policy landscape, which has since been reinforced, providing additional long-term investment capital [3] Group 2 - The bond market has experienced unprecedented volatility, with the 10-year government bond yield dropping over 80 basis points to 1.67% and then rising to 1.745% in the first eight months of 2025 [3] - There is a need for clear differentiation and positioning between short-term and medium-to-long-term investments, with short-term strategies focusing on stable coupon income and credit spreads [4] - The introduction of AI quantitative models and derivatives like government bond futures and interest rate swaps is recommended to enhance traditional analysis frameworks in the medium-to-long-term segment [4] Group 3 - The "fixed income plus" strategy is suggested to expand yield opportunities, with early investments in primary and secondary bond funds to capitalize on potential equity market trends [4] - It is advised to allocate a portion of investments to gold and dividend assets to hedge against inflation and policy uncertainties [4]