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[2024 Buffett Shareholders 'Meeting: Capital markets pay more attention to dividendseuropeanroulettegame, value stocks perform better] On May 5, Wang Xiaoming, founding partner and chief investment officer of Ruijun Assets, pointed out at the 2024 Buffett Shareholders 'Conference China Investor Summit co-organized by Xingzheng Global Fund and Tencent News that from the perspective of long-term investment return, the returns from value stock investment and growth stock investment are similar. He further explained that the reason why value stocks perform better is mainly affected by changes in the macro environment in recent years. Wang Xiaoming believes that even if the best growth stocks will eventually transform into value stocks, most of the so-called pseudo-growth stocks will eventually be eliminated by the market. He emphasized that when value stocks lack other better investment returns, they should allocate their main operating results and profits to shareholders. This also means that the capital market is paying increasing attention to dividends, which will help promote the long-term, healthy and stable development of the market.