【导读】安本投资亚太CEO Ian Macdonald：投资优质中国企业，长期回报可期 日前，安本投资亚太CEO Ian Macdonald在接受中国基金报独家专访时表示，作为深耕新兴市场的全球 资产管理机构，安本重视包括中国在内的亚洲市场投资机会。安本持续寻求机会以更广泛、深入地布局 中国，与优秀的本地伙伴合作是重要路径之一。他表示，期待QDLP（合格境内有限合伙人）政策的进 一步推进，公司致力于将QDLP业务的规模进一步扩大。中国有许多优质企业，目前，它们的估值亦具 有吸引力。长期来看，投资这些企业会获得优异回报。 安本投资（Aberdeen Investments）是一家总部位于英国的全球资产管理公司。截至2025年初，安本管理 和顾问的资产总规模超过5000亿英镑，员工遍布欧洲、亚洲、美洲和中东。安本在亚太地区尤其活跃， 在中国内地、中国香港、新加坡、日本、澳大利亚等市场拥有本地团队和投资经验。 安本通过QDLP计划为境内投资者提供布局境外市场的产品和策略，并持续探索与本地金融机构的战略 合作机会。 泡泡玛特现象级玩偶Labubu火爆全球，Ian Macdonald来到上海也获得了一只Labubu，他 ...

Core Viewpoint - Aberdeen Investments emphasizes the importance of investing in high-quality Chinese companies, highlighting the potential for long-term returns in the Asian market, particularly through partnerships with local firms [2][9]. Group 1: Investment Strategies and Market Trends - Aberdeen is actively seeking opportunities to expand its presence in China, particularly through the Qualified Domestic Limited Partner (QDLP) program, which allows domestic investors to access overseas markets [2][3][16]. - There is a growing interest in Asian markets from global investors, with approximately $39 billion flowing into Asian funds in Q1 2025, representing about 10% of total global mutual fund inflows during that period [6]. - The trend of reallocating funds from developed markets, particularly the U.S., to emerging markets, including Asia, is expected to continue over the next 5 to 10 years, driven by a shift in investor sentiment [6][13]. Group 2: Insights on Chinese Market - Despite the current focus on U.S. markets, there is an increasing recognition of the investment potential in China, especially in companies benefiting from domestic consumption, technological advancements, and international expansion [9][17]. - The Chinese market is becoming an essential component of global asset allocation, supported by ongoing financial market reforms and increased transparency in regulatory frameworks [17]. Group 3: QDLP Business and Future Expectations - The QDLP program has been a significant avenue for Aberdeen to introduce its globally validated strategies to Chinese investors, and the company aims to scale this business further [16][15]. - There is a call for greater predictability in the approval process for new QDLP quotas, which would aid in strategic planning and product deployment for foreign institutions [16].

Group 1: Tesla's Energy Business Expansion - Tesla's Shanghai energy factory, the second of its kind globally, has been operational for over four months, producing Megapack energy storage systems that exceed 3.9 MWh, sufficient to power 3,600 households for one hour [1] - The factory has not only supplied the Chinese market but has also exported hundreds of Megapack units to various countries in Europe and Oceania [1] - The factory covers approximately 200,000 square meters, equivalent to 30 standard football fields, with an annual production capacity planned for 10,000 Megapacks [1] Group 2: Strategic Projects and Investments - The first grid-side energy storage project in China, with a total investment of 4 billion yuan, has been signed in Shanghai, expected to stabilize power grid fluctuations by storing energy during low demand and releasing it during peak times [2] - The project aims for a storage capacity at the gigawatt level, with the first phase expected to be operational this year, providing 300 MWh of storage [2] Group 3: Foreign Investment Trends in China - Many foreign manufacturing companies are deepening their presence in the Chinese market, as evidenced by Henkel's acquisition of a factory in Suzhou to enhance production capabilities for its consumer brands [3] - Foreign financial institutions are also accelerating their entry into the Chinese market, with several firms recently establishing operations in Shanghai [3] Group 4: China's Economic Landscape and Foreign Investment - The number of newly established foreign-invested enterprises in China increased by 10.4% year-on-year from January to May, with 24,000 new companies registered [5] - A significant percentage of British and German companies in China plan to maintain or increase their investments by 2025, indicating strong confidence in the market [5] - China is viewed as a critical market for global companies, with its robust industrial chain and supply chain providing a competitive advantage [4][5]

Group 1 - The core viewpoint is that Switzerland's Pictet Asset Management sees China as a long-term strategic market and is committed to sustainable development in its Chinese operations [1][12] - Pictet Asset Management has increased its allocation to Chinese stocks, citing favorable policy support for market valuation recovery [1][6] - The firm is planning to launch a third mutual recognition fund and is optimistic about the expansion of the Wealth Management Connect in the Guangdong-Hong Kong-Macao Greater Bay Area [7][12] Group 2 - The U.S. tariff policy has shaken global investor confidence, leading some investors from South Korea and Taiwan to diversify away from U.S. assets into European and emerging market investments [3][4] - As of June 2023, non-U.S. investors held $26 trillion in U.S. assets, indicating that even a 5% shift to other markets could have a significant impact [4] - Asian investors are increasingly favoring low-volatility multi-asset strategies, reflecting a long-term trend towards income and fixed dividend preferences [5] Group 3 - The perception of the Chinese market has improved among Pictet's executives following increased visits to China, leading to a deeper understanding of the country's economic vitality [11][12] - The firm emphasizes a long-term investment approach, focusing on sustainable growth rather than short-term gains, which has historically led to stable returns [12][13] - Pictet Asset Management is cautious about rapid expansion, prioritizing employee sustainability and brand integrity over short-term growth [13]

在贸易、人员、运输自由便利流动之外，另一条看不见却至关重要的金融"血脉"，正以日新月异的速度融入 海南自贸港建设的"肌理"。 跨境资金流动自由便利，是海南自贸港制度设计的重要内容，也是海南自贸港金融高水平开放的基础。《海 南自由贸易港建设总体方案》发布5年来，海南自贸港金融领域创新频出、核心政策逐一落地，为海南自贸港 建设提供了丰沃的资金流动"土壤"。 2024年，海南省涉外收支规模达1086.3亿美元，首次突破千亿大关，在全国进入中等以上梯队，这也彰显海 南自贸港跨境资金双向流动更加活跃。 EF账户—— 架起海南与境外的"货币之桥" "同意，锁价。" 近日，香港某国际贸易有限公司财务总监王兰芳给建设银行海南省分行国际业务部工作人员李敏发出信息， 李敏收到信息，迅速操作，几分钟便完成了一笔标的50万美元的EF账户期权业务。 李敏告诉海南日报全媒体记者，通过EF账户开展这笔创新业务，每1万美元企业可以节省300元人民币的成 本，同时由于无需缴纳风险准备金，购汇价格低又便捷，非常适合贸易企业。 6月5日，俯瞰海口市复兴城互联网信息产业园。据了解，作为海南自贸港重点园区，复兴城持续推动高水平 对外开放，做好外资企业 ...

近年来，随着我国资本市场双向开放的持续推进，内地与香港市场的互联互通机制逐步深化，基金互认作为其中一项重要的制度创新，已经成为资本市场 跨境合作的重要组成部分。通过这一渠道，境内投资者可以投资香港地区发行的部分基金产品，更全面地进行全球资产配置。自2025年起，《香港互认基 金管理规定》正式实施，为境内资金投资香港互认基金提供增量额度支持，这一政策落地不仅为投资者提供了更多投资机会，也加速了资本的双向流动。 在当前QDII额度审批放缓的背景下，香港互认基金的额度优势受到市场的高度关注，并掀起一轮抢购热潮。 香港互认基金市场定位 目前，我国跨境投资渠道主要包括五大类：QDII、QDLP、TRS、跨境理财通和香港互认基金。具体而言，QDII是指合格境内机构投资者，为境内金融机 构经批准后投资境外市场的主要投资渠道，投资者可直接采用人民币参与QDII投资，为最常见的跨境投资渠道；QDLP是指合格境内有限合伙人，是境外 管理人经批准后在境内试点范围内向合格投资者募集资金，经过换汇后投资境外市场，投资场景包括境外股票市场、非上市公司股权债权、房地产REITs 等；TRS是收益互换，为一类场外衍生品交易工具，可挂钩股票、 ...