I recently came across an interesting economic forecast. Some economists suggest that by 2025, the RMB may enter an appreciation channel, and starting from 2026, the annual appreciation rate of the RMB could stabilize around 2-3 percentage points in the coming years. If we project this pace, the total appreciation of the RMB over about 10 years could exceed 30%.

What does this mean? First, the attractiveness of RMB assets will increase. Second, such an appreciation expectation could spill over into the stock market and other asset allocations. Many investors are beginning to consider how to adjust their investment portfolios in this broader context. With the appreciation channel opening, there may be new opportunities on the asset side.