Lu Ru Ling, the General Manager of Anxin Fund, stated that active management is currently facing a very good development opportunity.

The 2025 Fund High-Quality Development Summit, organized by Sina Finance, was grandly launched in Shenzhen. Liu Ruling, General Manager of Anxin Fund, stated that looking back over the past few decades, the A-share market will go through bull and bear market cycles every three to five years. If there is alpha support, the time to achieve positive returns will be greatly reduced, which is the reason for active management. "Active management is facing a very good development opportunity at this point in time," said Liu Ruling. He holds a cautious optimistic attitude towards the future trend of the market. Liu Ruling mentioned that many stocks are currently undervalued, and in the future, listed companies will reduce their expenses, leading to a significant increase in cash flow. Consequently, the return that listed companies can contribute to shareholders may also increase systematically, and the valuation of stocks with stable cash flows is expected to increase.