Haitong International Strategist: Technology Assets to Form the Enduring Foundation of China's Stock Market

Deep News
07/17

On July 16th in Hong Kong, at the 2026 Sina Finance Global Capital Summit, Zhang Yidong, Executive Committee Member, Chief Economist, and Head of Equity Research at Haitong International, shared his insights.

He expressed continued confidence that China's capital markets will benefit from the national strategic framework of developing finance with Chinese characteristics, leading to a healthy and sustainable long-term bull market.

Zhang Yidong emphasized the mutual empowerment between China's capital markets and the development of new quality productive forces. He noted that across both the A-share and Hong Kong markets, the weighting of technology assets and the technology sector is consistently increasing.

He stated his belief that whether it's the TMT sector or advanced manufacturing, these areas are set to become the enduring core foundation of China's stock market, rather than a transient phenomenon.

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