UBS estimates that during 2025, in addition to the “national team,” other long-term investors may enter the A-share market in a sustainable and stable manner under the guidance of mainland regulators. The bank's net inflows from mainland insurance companies, mutual funds and social security funds into the Chinese stock market may reach 1 trillion yuan, 590 billion yuan and 120 billion yuan respectively. The bank believes that long-term capital is regarded as the “ballast stone” of the market due to its sound management style and long-term investment vision. In terms of strategy, the sector favors companies that benefit from China's favorable policies. In the face of short-term market turmoil, topics such as domestic consumer spending, self-reliance, dividends, and national defense may attract investors' attention.

UBS estimates that during 2025, in addition to the “national team,” other long-term investors may enter the A-share market in a sustainable and stable manner under the guidance of mainland regulators. The bank's net inflows from mainland insurance companies, mutual funds and social security funds into the Chinese stock market may reach 1 trillion yuan, 590 billion yuan and 120 billion yuan respectively. The bank believes that long-term capital is regarded as the “ballast stone” of the market due to its sound management style and long-term investment vision. In terms of strategy, the sector favors companies that benefit from China's favorable policies. In the face of short-term market turmoil, topics such as domestic consumer spending, self-reliance, dividends, and national defense may attract investors' attention.