Global Market Overview - The Federal Reserve's monetary policy adjustments have been a core variable affecting global markets, with a pause in tightening announced in Q1 2025 after three rate hikes in 2024, leading to significant capital flow restructuring [3] - Emerging markets attracted over $80 billion in foreign capital inflows in the first four months of the year, a 65% increase compared to the same period last year, with Southeast Asian and Latin American markets being the focal points [3] - In contrast, developed economies in Europe and the US are still in an adjustment phase, with the Eurozone facing energy price volatility and weak manufacturing recovery, resulting in a 3.2% decline in the Euro against the Dollar [3] China Economic Performance - China's economy demonstrated strong resilience with a Q1 GDP growth of 5.2%, driven by high-end manufacturing and the digital economy [4] - The production of new energy vehicles increased by 35%, industrial robots by 28%, and the core AI industry scale surpassed 5 trillion yuan, indicating a shift towards an innovation-driven model [4] - The A-share market exhibited structural characteristics, with the Sci-Tech Innovation Board rising by 12.6% this year, outperforming the broader market, particularly in strategic emerging industries like semiconductors and biomedicine [4] Investment Strategies - Investors are encouraged to establish a diversified asset allocation framework in response to the complex market environment [5] - The commodity market is undergoing structural changes, with rising demand for lithium and cobalt due to the increasing share of renewable energy, and global battery demand expected to exceed 2 TWh in 2025 [5] - Green bonds are emerging as a growth point, with global issuance expected to surpass $500 billion this year, and China accounting for 25% of this market [5] - Three main investment themes are suggested: globally competitive high-end manufacturing firms, service companies benefiting from consumption upgrades, and tech companies positioned to capitalize on the digital economy [5] Conclusion on Global Financial Landscape - The global financial landscape is undergoing profound changes, presenting both challenges and opportunities for investors [6] - A scientific investment framework and a long-term perspective are essential for navigating the complexities of the financial waves in this uncertain era [6]