Several well-known private equity firms have spoken out intensively: A-share valuations are very attractive.

Recently, market volatility has increased markedly. Several well-known private fund managers, including Gaoyi Asset Management, Hongshang Asset Management, and China Europe Ruibo, have spoken out intensively, assessing the market outlook across dimensions such as valuation, interest rates, corporate earnings, industrial competitiveness, and institutions. These institutions believe that China's medium- to long-term economic competitiveness remains solid, corporate earnings are set to improve, pessimistic expectations have been fully priced into share prices, and the attractiveness of equity valuations is becoming prominent. At the same time, several private fund managers have begun purchasing their own products, conveying confidence in the long-term positive outlook for the capital market through real money investment.