/ Aswuntong/July 28, 2022 Guangzhou -- Good news for the development of digital economy. According to the higher level deployment at the national level, to strengthen the overall coordination, constantly strengthen, improve and develop our digital economy. The establishment of the joint conference system will play a positive role in promoting the development strategy of digital economy, formulating policies and implementing projects.
In addition, Hong Kong stocks in the digital economy sector is also about to welcome a big player. Alibaba said in a statement that its board of directors had authorized the group's management to submit an application to the Stock Exchange of Hong Kong to add Hong Kong as its primary listing site. This means that Alibaba will have a dual primary listing on the Main board of the Hong Kong Stock Exchange and the New York Stock Exchange after the completion of the review process.Zhou Hanying, fund manager of Invescence Great Wall International Investment Department, pointed out that digital economy, as a new form of economic and social development, is a new form after agricultural society and industrial society. Data, as a new factor of production, will enable productivity improvement and value creation. Productivity under the digital economy includes two parts, digital industrialization and industrial digitization, which contains huge investment opportunities.
Zhou Hanying said that digital industrialization includes basic layer, technology layer and application layer. The basic layer represents the bottom digital infrastructure, communication technology, chips, sensors constantly iteratively upgraded; The technology layer represents the development of software technology. Machine learning, AI and computer vision realize multi-party collaboration at the cloud end. The application layer represents the vast downstream scene, intelligent driving, Internet, digital energy, AR\VR has spawned new business models. Industrial digitization can enable thousands of industries, reduce costs, scientific management, improve production efficiency, and stimulate the potential benefits of enterprises. Take intelligent manufacturing as an example, Chinese manufacturing industry is in a critical period of transformation of old and new growth drivers, which needs to be intelligent and digital upgrading and transformation. The manufacturing system under intelligent will bring about great changes. There is a two-way relationship between real-time information feedback and process and research and development, which is more conducive to the production and research and development department to define product characteristics according to consumer needs and realize the right medicine. In addition, the integration of digital economy and large consumption changes from top-level design, demand-driven supply, cloud, big data, flexible manufacturing, so that the means of production can get the best allocation of efficiency, really let data improve efficiency, burst investment potential.Invesco Great Wall Hong Kong Stock Connect Digital Economy Themed Mixed Fund, to be managed by Zhou Hanying, is a digital economy themed fund with very high purity, focusing on investing in high-quality digital economy themed enterprises under the Hong Kong Stock Connect mechanism. The investment theme involves two aspects: "digital industrialization" and "industrial digitalization". The investment targets include digital product manufacturing industry, digital technology application industry, digital factor driven industry and digital efficiency improvement.
< /p>As of July, most Hong Kong sectors were trading below their average since 2009, according to the Global Industry Classification System (GICS), according to Bloomberg data. Zhou Hanying analyzed that the growth of the leading digital economy slowed down slightly in 2021 due to the influence of anti-monopoly, and the growth is expected to accelerate in 2022. Hong Kong's digital economy leading assets are scarce, the current valuation level is reasonable, with allocation value, is a good time for long-term layout.
