[Lin Guohuai, Director of Xingzheng Global Fund: The current attractiveness of high-dividend assets has declined, and the valuation of growth stocks has dropped significantly] On May 5, Xingzheng Global Fund teamed up with Tencent News to organizenftgamefreetoplayplaytoearnAt the 2024 Buffett Shareholders 'Meeting and China Investor Summit, Lin Guohuai, director of the FOF Investment and Financial Engineering Department and Pension Management Department of Xingzheng Global Fund, said that the current high-dividend assets are not as attractive as before. He did not predict the inevitable decline of such assets, but pointed out that there are better asset allocation strategies and options in the current market. Data showed that dividend yields on high-dividend assets have dropped from previous highs to about 4. 5 percentnftgamefreetoplayplaytoearn.9% and is expected to fall further to 4.6% after the annual report is released. At the same time, the valuation of growth stocks has dropped significantly from the previous 40 to 50 times to 20 times.