从全球各主要指数相关系数看，新交所新兴亚洲精选50指数与印度市场相关度高，根据统计，截至11月19日，该指数与印 度Sensex30指数近三年相关系数达0.69，与恒生指数、沪深300指数、纳斯达克100指数相关数分别为0.3、0.15、0.19，为 全球多元化配置提供了新标杆。 消息面上，穆迪评级公司近日表示，消费需求和基础设施支出将促进印度经济增长，印度经济今年预计或将增长7%。 摩根士丹利预计，受印度国内经济稳健增长、全球经济保持温和增长以及油价平稳影响，印度股市在未来12个月有望表现 强劲。分析师指出，相对估值已经大幅修正，并可能已在10月触底。该行认为，到2026年12月，BSE Sensex指数有望上涨 约13%。 新兴亚洲ETF（520580）跟踪新交所新兴亚洲精选50指数，主要投资于印度、印度尼西亚、马来西亚、泰国。其中，印度 市场权重占比约48%，在A股市场已上市可交易的ETF中，新兴亚洲ETF（520580）"印度含量"最高。 11月20日，印度SENSEX30指数涨0.33%，创2024年9月以来新高，距历史高位仅一步之遥。信实工业、马衡达信息技术、 印度国家电网等涨超1%。新兴亚洲ET ...

Group 1 - The core viewpoint of the article emphasizes the increasing attractiveness of non-US assets and the importance of diversification in investment strategies as global investors reassess risk-return profiles of dollar assets [2][3][4] - Multiple institutions highlight that the appeal of markets outside the US, particularly in Asia and Europe, is expected to strengthen, with emerging markets and Asian profit growth leading globally [3][4][5] - There is a notable shift in investment focus from India to China, particularly in the context of passive and partially active funds, indicating a growing confidence in China's market stability and institutional credibility [4][5][6] Group 2 - The article mentions that international long-term capital is increasingly interested in Chinese assets, particularly in the consumer and technology sectors, driven by favorable pricing and strong corporate performance [5][6] - The Hong Kong market is experiencing a significant influx of international capital, with daily trading volumes projected to rise from approximately 100 billion HKD in 2024 to between 200 billion and 300 billion HKD in 2025, with 70% attributed to international funds [5] - The positive outlook for China's technology sector is reinforced by recent policy support and innovations such as DeepSeek, which are expected to boost market confidence and consumer spending [5][6]

Group 1 - The concept of "American exceptionalism" is becoming less applicable as investors shift towards global diversification in their asset allocation [1][2] - Historically, during market turmoil, significant capital flowed into the US due to the perception of the dollar and US Treasury bonds as safe havens, but this trend is changing [1] - Moody's downgraded the US sovereign credit rating from "Aaa" to "Aa1" for the first time in 108 years, primarily due to rising government debt and interest payment ratios [1] Group 2 - The US Treasury bonds, once considered the most reliable investment, are losing their appeal, with the 20-year Treasury yield rising to approximately 5% and the 10-year yield reaching about 4.5% [1] - The dollar is weakening amid market volatility, and predictions suggest that the Federal Reserve is likely to lower interest rates, further contributing to the dollar's decline [2] - Global investors are actively pursuing diversified investment strategies in response to the uncertainty surrounding US debt and tariffs imposed on foreign goods [2]