2026年1月28日，清华五道口香港论坛成功召开，本届论坛以" 融汇丝路新动能，共创香江新未来 "为主题。当日下午，主题论坛四" 智驭未来：人 工智能驱动资产管理新范式 "成功举办。 香港资深大律师，中国证监会原首席顾问，香港证监会原主席 梁定 邦 ， 香港理工大学人工智能高等研究院院长，加拿大工程院（CAE）及加拿大 皇家学院（RSC）院士 杨强 ， 清华五道口金融EMBA香港同学会秘书长、高盈科技董事长 吴超 分别作 主旨演讲 。 清华大学五道口金融学院特聘教授，凯丰投资（香港）创始人、CEO兼联席CIO 高滨 ，清华五道口金融EMBA香港同学会秘书长，高盈科技董事 长 吴超 ，中银香港首席经济学家 钟红 ，香港智汇集团创始人及首席经济学家 夏春 出席并参与圆桌对话讨论。清华大学五道口金融学院院长助理 张伟 主持论坛。 图为活动现场 主旨发言 梁定邦 ： 人工智能正重塑资管行业，但未来仍面临关键挑战 梁定邦指出，不同规模与战略的资产管理机构在人工智能的应用上侧重各有不同： 大型资产管理公司依托专有AI平台与海量数据，主导风险分析与合规管理；中小基 金则借助第三方AI工具，结合其深厚的行业经验与洞察以捕捉投 ...

Core Viewpoint - The A-share market in 2025 is characterized by "index upward, structural activity," with significant performance differentiation among private equity funds, where quantitative private equity has emerged as a standout strategy [2]. Group 1: Performance of Quantitative Private Equity - As of December 5, 2025, the quantitative long strategy index has increased by 34.97%, while the quantitative stock selection strategy index has risen by 29.28% [7]. - The performance of quantitative private equity has been particularly strong due to the active nature of small and mid-cap stocks, which have outperformed large-cap indices, providing ample beta space for strategies [9]. - The ability of quantitative strategies to adapt to market fluctuations and maintain stable risk-return characteristics has been highlighted, especially during periods of market volatility [12][13]. Group 2: Market Environment and Strategy Adaptation - The market in 2025 has shown a tendency for frequent style rotation, with technology and growth sectors remaining central, allowing various strategies to thrive [12]. - Quantitative strategies have demonstrated their advantages in capturing structural opportunities through factor diversification and dynamic adjustment of positions, rather than relying on a single market direction [14]. - The overall improvement in quantitative private equity performance is attributed to effective adaptation to changing market conditions rather than short-term style bets [13]. Group 3: Future Outlook - Looking ahead, the macro environment is expected to remain characterized by weak recovery trends and high uncertainty, making it challenging for the market to revert to a single mainline-driven structure [14]. - Emphasizing discipline, diversification, and risk control, quantitative strategies are anticipated to continue providing high allocation value, particularly in volatile conditions [14].