Li Xunlei: Have confidence in the Chinese economy in the year of the horse, A-shares will stabilize and improve.

Looking ahead to the Year of the Horse, we should still have confidence in the Chinese economy." Chief Economist of Zhongtai International, Li Xunlei, pointed out that although the growth rate of the Chinese economy has slowed since 2010, this is because the overall economy has become larger. "Looking at the global perspective, China's economic growth rate of around 5% still ranks among the top in the world." Regarding asset allocation, Li Xunlei stated that last year, the safe-haven properties of gold were fully utilized, with an increase far exceeding expectations. Of course, there is definitely a speculative element involved. "In 2026, I believe gold will continue to trend upwards, but volatility may increase, and the overall annual increase should also see some convergence." In the equity market, Li Xunlei believes that there are still significant structural opportunities in 2026. In particular, the A-share market will overall remain stable and positive in 2026, but the opportunities will mainly be in the technology sector.