Core Insights - Asian ultra-wealthy investors are adjusting their investment strategies by significantly increasing allocations to Chinese stocks, fixed income products, and gold, aiming to capitalize on growth opportunities from artificial intelligence while hedging against market volatility and interest rate changes [1][7] Investment Trends - The total wealth of Asian ultra-wealthy individuals (net worth of at least $30 million) surged by 10% in the first half of the year, leading to increased interest in the rising Chinese stock market [1][6] - The Hong Kong benchmark Hang Seng Index has risen approximately 26% this year, while the CSI 300 Index in mainland China has climbed nearly 15% [2][6] Shift in Focus - There is a notable shift in investment focus from U.S. assets to Chinese assets, driven by high valuations of U.S. AI stocks and the phenomenon of "circular investment" among U.S. tech giants [2][4] - The proportion of stock trading concentrated in U.S. listed stocks has decreased from 65% last year to 45% this year, with an equal focus on Chinese stocks [4] Preference for Structured Products - Wealthy investors are increasingly favoring structured products, such as yield enhancement products, for stock allocation rather than direct equity purchases [5] Fixed Income and Gold Investments - As developed countries and Asia enter a rate-cutting cycle, interest in fixed income products among Asian investors has increased, with a shift towards global investment-grade bonds [7] - Gold investments are also on the rise, with prices exceeding $4,300 per ounce this year, marking a more than 60% increase [7][8] Cryptocurrency Sentiment - Despite Asia's leading position in cryptocurrency applications, there is a notable lack of interest among Asian ultra-wealthy individuals, with many viewing the high volatility and risk of digital assets as deterrents [9]