Group 1 - The event was organized by Wukuang Securities to celebrate the 104th anniversary of the founding of the Communist Party of China, aiming to create a strong atmosphere of "learning culture, speaking culture, and practicing culture" [1] - The competition involved 36 representatives from 12 party branches of Wukuang Securities, attracting participants from various business lines including investment banking, wealth management, and asset management [1] - The first prize was awarded to the Financial Pioneer Team from the eighth party branch and the Wealth Pioneer Team from the tenth party branch, while the second prize went to the Wealth Trio (605168) from the fourth party branch and the Asset Management Pioneer Team from the ninth party branch [1] Group 2 - A video presentation by the "Corporate Culture Ambassador" was shown during the competition, which illustrated the essence of China Minmetals' corporate culture through vivid grassroots practices and frontline stories [2] - Wukuang Securities plans to leverage this competition as an opportunity to focus on its transformation goal of becoming an "industry-featured investment bank," aiming for high-quality development with renewed enthusiasm and determination [2]

Core Viewpoint - The article highlights the importance of macroeconomic analysis in understanding global economic trends and the role of financial services in supporting the real economy [2][12]. Group 1: Analyst Background - Chen Dafei, the Chief Macro Analyst at Shenwan Hongyuan Research, has 8 years of experience in the securities industry, focusing on global macroeconomics, monetary policy, and liquidity [3]. - Chen's career includes positions at Dongfang Securities and Guojin Securities, where he led macro research teams before joining Shenwan Hongyuan Research in August 2024 [3]. Group 2: Research Insights - The significance of overseas macro research has grown since 2018, particularly due to the evolving US-China trade relations and the impact of the COVID-19 pandemic, which led to a resurgence of inflation [5][6]. - Chen emphasizes a paradigm shift from a "low interest rate era" to a "high volatility era," where monetary policy becomes crucial in managing inflation [5]. - His research methodology involves a unified approach of "facts-theory-history," focusing on current facts, theoretical understanding, and historical comparisons to deepen insights [9]. Group 3: Professional Development - For newcomers in the industry, a genuine passion for research is essential, as it drives continuous learning and discovery [10]. - Deep thinking skills, supported by a broad knowledge base, are critical for effective economic research [10]. - Proficiency in AI tools is increasingly necessary to enhance research efficiency, paralleling the importance of traditional office software [11]. Group 4: Industry Perspectives - The relationship between finance and the real economy is characterized by both unity and opposition, with financial services playing a vital role in promoting high-quality economic development [12]. - Financial systems exhibit pro-cyclical behavior, which can extend economic expansion but may also lead to instability during downturns [12]. - Long-term economic growth is driven by technological innovation, with finance playing a crucial role in supporting research and development [12]. Group 5: Cultural Influence - The integration of party-building culture within Shenwan Hongyuan Research enhances personal growth and professional thinking, aligning with the broader strategic goals of the organization [14].