Goldman Sachs Asia (excluding Japan) Co-Chairman of Stock Capital Markets, Wang Yajun, stated in a media briefing on May 14th that from recent projects Goldman Sachs has been involved in, it can be seen that some overseas investors' attitudes towards investing in Chinese assets are undergoing positive changes. Wang Yajun mentioned that as the Chinese economy continues to rebound and relevant policies are consistently being implemented, overseas investors, after reevaluating their asset allocations in China, believe that Chinese assets still have investment potential, and their attitudes towards Chinese concept stocks are undergoing positive changes. In addition, Wang Yajun advised that as the number of Chinese companies going global continues to increase, companies seeking listings overseas should respect market laws more and reasonably plan their listing strategies based on market changes. Regarding A-shares, Wang Yajun pointed out that the massive size of China's economy and capital market is something that overseas investors cannot overlook. For international capital, the A-share market has always been full of special allure. In his view, as the A-share market continues to maintain stable policies and gradually accelerate market processes, more foreign funds with a strong inclination towards the Chinese market will enter and further allocate Chinese assets. "Since the beginning of this year, Northbound funds have been continuously flowing in, which also proves from another perspective that overseas investors are actually very interested in A-shares." According to Wang Yajun, what the A-share market needs to do now is to establish market rules well, keep the market active, and attract more overseas funds in the future. It should be noted that since March 31, 2023, the China Securities Regulatory Commission has implemented a filing management system for overseas listings of companies. According to Ernst & Young statistics, as of April 22, 2024, a total of 247 domestic companies have applied for overseas initial public offerings or full circulation filings, of which 57 domestic companies have completed filings for listing in the United States, and 76 domestic companies have completed filings for listing in Hong Kong. The review process and approval speed for filings that began in the second half of 2023 have significantly accelerated. Wang Yajun also mentioned this at the briefing, noting that there has been a significant increase in Chinese companies lining up for IPOs in Hong Kong and the U.S. In terms of industry types, Wang Yajun mentioned that in overseas markets, consumer and new energy stocks are quite popular. Consumer companies have strong resistance to inflation, strong profit potential, and relatively mature business models. New energy companies are favored due to their growth prospects.