On January 11, the reporter learned from CIC Morgan fund that recently, Xu Haining, vice president of Orient Securities Company Limited(600958) and general manager of wealth management business headquarters, Du Meng, deputy general manager and investment director of CIC Morgan fund, Shao Yu, assistant to the president and chief economist of Orient Securities Company Limited(600958) and many other investors expressed their views at the theme forum of “meeting with time and embracing the era of investment” held by CIC Morgan fund.
Xu Haining believes that with the development of the securities market and the continuous emergence of investment opportunities, China has ushered in the “high light era” of the wealth management industry. On the one hand, with the economic development and the improvement of per capita disposable income, China has accumulated a large number of wealth management target customers. On the other hand, with the decline of risk-free interest rate and the implementation of new asset management regulations, Chinese residents will increase the allocation of financial assets, especially equity assets in the future. Moreover, at present, China’s capital market system is becoming more and more perfect. Under the resonance of many favorable factors, the wealth management industry will accelerate its development.
Xu Haining further pointed out that 2022 is the first year after the transition period of the new asset management regulations, which puts forward higher requirements for the active management ability and professional judgment strength of asset managers from the product supply side. For the wealth management end, more consideration will be given to professional service capabilities. For how to strictly select funds to better serve customers, Xu Haining shared that Orient Securities Company Limited(600958) will comprehensively evaluate and strictly select fund managers, fund managers and fund products through a three-level screening mechanism. “We hope to use ESG standards to screen fund managers for the purpose of creating long-term value for customers, and strive to promote the healthy development of the whole industry and form a virtuous circle of customer fund manager real economy.” Xu Haining stressed.
Shao Yu, chief economist of Orient Securities Company Limited(600958) believes that with the word “stability” in mind, fiscal and monetary policies are expected to be more active in 2022, and the stable operation of the overall macro economy can be expected. Du Meng, investment director of Shanghai Investment Morgan fund, also said that he was optimistic about the market in 2022. Du Meng pointed out that the market opportunities in 2022 are expected to be more balanced. In addition to new energy, semiconductors and Internet companies in consumer, pharmaceutical and Hong Kong stocks will have bottom-up opportunities.
(source: China Securities Journal · China Securities Network)
