Group 1 - The ICE dollar index has experienced a significant decline of nearly 11% in the first half of 2025, marking the largest drop since the Nixon era in 1973 [1] - Experts predict that the dollar index is likely to continue its downward trend for the next 6 to 7 years, with potential lows below 71.3 or stabilizing around 80, depending on the performance of other economies [1] - The weakening dollar is expected to lead to a "stable but rising" trend in the RMB to USD exchange rate, which could attract more cross-border capital inflows and support the internationalization of the RMB [2][3] Group 2 - There is a noticeable trend of capital flowing out of the U.S., with many international stock markets outperforming U.S. markets this year, indicating a structural shift away from dollar assets [2] - The current global investment environment is characterized by uncertainty, with a focus on "de-dollarization" leading to increased capital inflows into emerging markets, particularly in Asia [3] - The outlook for Chinese assets remains positive, supported by favorable fiscal policies and a low-interest-rate environment, which is expected to attract more capital into the stock market [3]