Group 1: Industry Trends - The Chinese public fund industry is accelerating its internationalization process, showcasing a trend of "multiple breakthroughs and deep cooperation" [1] - The industry is expected to demonstrate the long-term investment value of Chinese assets to the world as high-level opening-up continues [1] Group 2: Developments in Overseas Subsidiaries - Huatai-PB Asset Management (International) Limited, a subsidiary of Huatai-PB Fund, has obtained licenses for securities trading, providing advice on securities, and asset management in Hong Kong [2] - E Fund has received approval from the China Securities Regulatory Commission to establish a company in Macau, aiming to provide asset management services to investors in the region [2] - Xingsheng Global Asset Management (Singapore) Limited has been approved to expand its business capabilities in overseas markets [2] - Bosera International has established a business network across Asia, North America, Europe, and Africa, with asset management scale exceeding 100 billion HKD [2] - Southern Fund's subsidiary has launched over 60 ETFs and leveraged inverse products in Hong Kong and Singapore, serving as a bridge for overseas investors to access Chinese assets [2] Group 3: Collaborations with Overseas Institutions - Huaxia Fund signed a memorandum of cooperation with representatives from Oman, expanding its collaboration with the Oman government and local investors [3] - E Fund has established a strategic cooperation memorandum with Thailand's leading asset management firm, enhancing local investors' access to Chinese investment opportunities [3] - In May, a memorandum of cooperation was signed between a subsidiary of Fuguo Fund and the Malaysian stock exchange, indicating ongoing international partnerships [4] Group 4: Industry Representation and Events - The Chinese public fund industry showcased its internationalization at the 25th China International Investment and Trade Fair, emphasizing its role in high-level opening-up and supporting various economic sectors [5][6] - The China Securities Investment Fund Industry Association held its first internationalization exchange meeting, facilitating discussions on global resource integration and enhancing the global appeal of Chinese assets [6] - Schroders' CEO expressed strong confidence in the long-term investment value of China, indicating ongoing support for the development of China's financial market [6]