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On May 21, the head of UBS Global Financial Markets China, Fang Dongming, stated at a media briefing that the global trade tensions have eased slightly following the joint statement issued by China and the United States last week. Through continuous intensive communication with numerous overseas investors, UBS deeply feels the increasing attention of the international market towards Chinese assets. Fang pointed out that on one hand, improved market liquidity has increased investor confidence, and domestic regulatory authorities are actively responding to the concerns of global investors. On the other hand, industries such as artificial intelligence and high-end manufacturing are continuously driving the narrative logic transformation of the Chinese stock market. In the first quarter, global investors also increased their holdings in China. Against the backdrop of global investment and diversified investment, the strategic importance of the Chinese stock market will continue to rise, providing investors with opportunities to allocate to China and obtain excess returns on a global scale. (Securities Times)
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