Asset allocation is a relatively new term in China. If it is said to be "investment" or "financial management", we will be more familiar with it.
For many years, the most popular way for Chinese people to "invest" and "manage finance" and achieve asset allocation is to "buy a house." The housing prices in first-tier cities have been "virtually copied" by various "development trends" and "economic trends" concepts. "High" has caused China's real estate market to have a "vacancy" and "idle" rate that far exceeds the market's digestion capacity. In the final analysis, it is still the fault of the domestic asset allocation channels and methods that are too single.
"Don't put your eggs in the same basket" is a truth that everyone understands, and the same goes for investment. The result of the single domestic asset allocation method is that it makes both high-net-worth individuals and ordinary middle-class families resist Risk capacity weakens. The weakening of the ability to resist risks will lead to the occurrence of a "black swan" event in the future, even changes in policies and exchange rates, which can cause our assets to depreciate and lock up water.
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