Bullish on Chinese assets becoming a consensus among foreign investors.

Recently, several international investment banks have expressed optimism about the development opportunities in China, raising their ratings of Chinese assets from neutral to overweight. At the same time, many foreign public funds are accelerating their investments in Chinese assets. Industry experts believe that due to the improvement in the fundamentals of the Chinese economy, the continuous deepening of financial reforms and opening up, and the increasing momentum in the capital market, the bullish outlook on Chinese assets is gradually becoming a consensus among foreign institutions. So far this year, foreign investment in Chinese assets has been relatively stable. In terms of bonds, foreign investors currently hold over $600 billion in onshore renminbi bonds, which is at a historically high level; in terms of stocks, foreign investors added a net $10.1 billion in onshore stocks and funds in the first half of the year, reversing the overall net selling trend of the past two years. Particularly in May and June, the net increase in holdings increased to $18.8 billion, showing an increasing willingness for global capital allocation.