UBS Asset Management recently announced the appointment of Mr. Ma Lei to join its China stock team to further enhance its investment research and management capabilities in the field. According to the announcement, Mr. Ma Lei will be based in Hong Kong, serving as a core member of the China stock team and as the deputy to Mr. Shi Bin, Head of China Stocks, to assist in advancing the team's strategic positioning and execution in stock investments in China and the Greater China region. Prior to joining UBS Asset Management, Mr. Ma Lei served as the Chief Investment Officer for Invesco in China and Hong Kong, responsible for formulating and managing various investment strategies in China and the Greater China region. During this time, he accumulated rich cross-market investment experience and established a strong track record in active stock management. In his earlier career, Mr. Ma Lei worked at Fidelity International for about 15 years, focusing on Chinese stock portfolio management and having a deep understanding of the local market and industry developments. UBS Asset Management stated that this appointment reflects the company's ongoing commitment to increasing its investment in the Chinese market. With the continuous opening and deepening of the Chinese capital market, high-quality local investment talent will become an important support for driving long-term investment performance. Mr. Ma Lei's addition will further enhance the team's research depth and investment execution capabilities, ultimately creating long-term steady returns for clients.