Australian pension fund CIO Ben Squires: Chinese biotech firms now rank among world's best, bullish on long-term opportunities in Chinese assets

Deep News11-12 16:11

Special topic: 2026 Shanghai Stock Exchange International Investor Conference. Today, the 2026 Shanghai Stock Exchange International Investor Conference was held in Shanghai. This year's conference, themed "Connectivity and Mutual Benefit — Global Investors Discuss the Security, Resilience, and Innovative Value of Chinese Assets," took place from November 12 to 13. Ben Squires, Chief Investment Officer of Australian pension fund NGS Super, said at the conference that China's economy has strong resilience, and the depth of its industrial system is an important source of that resilience. China possesses a well-developed supplier network, engineering talent, manufacturing capacity, and commercialization deployment capabilities, which, against the backdrop of a shifting global economic landscape, offer international investors attractive opportunities for diversified asset allocation.

Ben Squires stated that his institution has been investing in the Chinese market for more than 16 years. In recent years, China's capital market has made remarkable progress in institutional development and opening up, including the continuous improvement of mechanisms such as the stock connect programs and RMB internationalization, which have made it more convenient for overseas capital to invest in China and strengthened the confidence of international investors in continuously expanding their investments in the Chinese market.

Speaking about China's technological innovation, he particularly highlighted changes in the biotechnology sector. In the early days, Chinese biotech companies largely imitated the products of global leaders and competed on lower prices, but today, Chinese biotech companies have reached world-class standards and are able to command higher product pricing through their own innovative capabilities. He believes that China's biotechnology sector contains investment opportunities worth watching, and that the development of China's artificial intelligence industry and technology ecosystem is also attractive.

Ben Squires emphasized that investment convenience in China's capital market continues to improve, and the ongoing refinement of related mechanisms will help attract more international capital. He holds a positive and optimistic attitude toward China's future investment opportunities and long-term return prospects.

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