Lates News

Chief economist of CTFC International, Li Xunlei, wrote in his article that from the perspective of asset allocation, the current configuration definitely still focuses on growth. Whether it is US stocks or A-shares in technology stocks and innovative drugs, the performance has been relatively good. These are all results brought by technological development and progress. For A-shares, taking the Shanghai and Shenzhen 300 Index as an example, its price-to-earnings ratio of around 14 times is significantly lower than the S&P 500's 29 times and the Nasdaq's 41 times, showing that we have a certain advantage in valuation. In terms of asset allocation, the recommended allocation scheme I provide is 50% stocks, 30% government bonds, and 20% gold. I have been bullish on gold for ten years. When I recommended gold, the price was $1200 per ounce and now it is $3600 per ounce, a 200% increase, showing that gold can withstand the test of time. I still hold a positive outlook for the future. Under the backdrop of interest rate cuts, bulk commodities related to AI, new energy, and electric vehicles, such as copper, aluminum, and rare earths, are still expected to rise.