Under the policy requirements, a number of private-owned enterprises have adjusted their overseas strategies one after another. The possible trends are: (1) Private enterprises will continue to reduce its asset-liability ratio and sell some of its overseas assets with a shrinking outward investment. (2) When purchasing overseas assets, private enterprises will try their best to follow the direction of national policies. Otherwise, there will be restrictions on the outflow of funds. (3) The market will raise questions about the government's guidance on overseas investment. Anbound suggests that in the future "negative list" approach can be adopted in management and guidance.