Central bank official in charge of the media: The development of China's capital market has support to improve

An article published by the People's Bank of China in the Financial Times stated that in the intertwining of global geopolitical risks and market volatility, diversification may become the focus of current overseas investment institutions' allocation strategies, and the A-share market, with its safety premium and resilience advantages, is attracting more attention from long-term funds. "There is currently a very strong desire for global asset re-allocation. From a global allocation perspective, if investors do not include China in their industrial chain, their global technology layout will be incomplete," said Liu Song, President of Robomay Group Asia Pacific and Chairman of Robomay Fund. He further emphasized that the unique "certainty" shown by the Chinese market in the global high-volatility environment is the core logic for continued accumulation. From a medium to long-term perspective, Jiang Xianwei believes that market volatility caused by geopolitical conflicts is often shorter than economic recessions. He will continue to focus on several aspects: first, in the direction of AI power and algorithmic synergy, which are supported by both domestic policies and overseas demand; second, the logic of upward trajectory in domestic capital expenditure, such as domestic computing power, cloud computing, etc.; third, the continuous development of overseas computing power chains, including optical modules, printed circuit boards, etc.; fourth, the future industries and opportunities for reversal under the impetus of domestic policy and supply-demand improvement.