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【Jiang Shan, Fund Manager Of Invesco Great Wall Hybrid Investment Department: I Have Positive Expectations For The A-Share Market In 2025】Jiang Shan, Fund Manager Of Invesco Great Wall Hybrid Investment Department, Said That Overall, There Are Positive Expectations For The A-Share Market In 2025, And The Market May Have Opportunities For A Systematic Increase In Valuation. The Core Reason Is That A-Shares Have Better Relative Valuations Among Various Types Of RMB Assets. Compared Horizontally In Major Global Stock Markets, Chinese Assets Are Also Attractive For Valuation. This Price Comparison Effect Exists Not Only In Undervalued Individual Stocks With High Dividends, But Also In Many Core Growth Stocks. Therefore, There May Be A Systematic Opportunity For This Valuation To Rise. At The Same Time, The Clarity Of Macroeconomic Policies Has Also Added An Important Piece Of The Puzzle To The Market'S Optimism About A-Shares. Short-Term Bumps And Adjustments Are Inevitable, But From A Longer-Term Perspective, I Believe The Market Will Return To The Path Of Industrial Logic
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