Core Viewpoint - The article highlights the launch of the Guotai Haitong 818 Wealth Management Festival, featuring discussions on the Chinese economic landscape and capital market prospects, emphasizing a "transformation bull" market trend [1][10]. Group 1: Event Overview - The Guotai Haitong 818 Wealth Management Festival officially commenced on August 1, with former Vice Chairman of the National Social Security Fund Council, Wang Zhongmin, as a special guest [1][10]. - The event includes a special program titled "Chief is Here," where experts analyze economic hotspots and market trends [1][10]. Group 2: Key Participants - Notable guests include Wang Zhongmin, who has extensive experience in economic policy and investment, and various chief analysts from Guotai Haitong [8][10]. - The program is hosted by Chen Xinyi, a prominent figure in the Guotai Haitong investment community [8]. Group 3: Discussion Topics - The first half of the program focuses on macroeconomic issues, including the evolution of China-U.S. relations and the impact of "anti-involution" compared to previous supply-side structural reforms [8]. - The second half addresses capital market investments, discussing the trend of increasing risk asset allocation and the implications of stablecoins and tokens on the global financial system [8]. Group 4: Future Programs - The festival will feature additional special programs, including one on August 18 led by Research Institute Director Lu Ying, focusing on new productivity and investment opportunities [10].