Cook: The world is very noisy; focus on what truly matters...

This Week’s Recommended Reading

Recently, during the annual in-depth shareholder meeting, two fund managers from Scottish Mortgage Trust (SMT), Tom Slater and Lawrence Burns, addressed the most pressing market and holdings questions, sharing their insights openly.

They truly left no stone unturned.

For example, regarding China, they honestly admitted that in the past few months, they added two new holdings: Xiaohongshu and MiniMax, and today their exposure to China is about 12%.

They also detailed their investment logic and thoughts on many investment targets. It was very engaging.

Click to read: Recently added two holdings in China! Baillie Gifford’s flagship fund managers discuss software revaluation, autonomous driving, SpaceX, and other hot topics.

After joining Guotai Haitong in early 2026 and serving as a member of Haitong International’s Executive Committee and Chief Economist, Zhang Yidong, in an exclusive interview on March 9 following the “Black Monday” in global markets,

He said, “In my view, Trump is likely to retreat soon, and the Federal Reserve can continue to cut interest rates as planned.” Sure enough, the next morning, Trump TACOed.

Although it was somewhat coincidental, the logic and insights discussed in this interview are very worth noting, especially regarding how to build a “antifragile” portfolio from the perspective of long-term resilience in Chinese assets, which Zhang Yidong emphasized with many key points.