Public Offering Focuses on Building a "Long-Term Investment" Healthy Ecosystem

Recently, many public funds have expressed optimism about the medium to long-term prospects of A-shares. In their view, A-shares may be entering a time window for long-term layout. HSBC Jintrust Fund stated that the current valuation of A-shares is at a historically low level; when compared horizontally, it is also lower than other major overseas markets. Chinese assets not only have a relatively low current valuation, but also rank among the top in terms of economic size globally, with GDP growth remaining at a high level. Global investors will not overlook the investment opportunities in the A-share market. According to Luobomai Fund's observation, long-term funds such as social security funds, insurance funds, and QFII institutions are actively allocating to A-shares, showing a preference for artificial intelligence, pharmaceuticals, and leading companies in some traditional industries. (Zhongzheng Daily)