Active foreign investment shifts to net inflow, increasing attractiveness of Renminbi assets.

The data released recently by EPFR, a global fund flow monitoring agency, shows that from August 14th to August 20th, net inflows of configuration-type foreign capital reached 6.98 billion yuan, with passive configuration-type foreign capital accounting for 6.84 billion yuan and active configuration-type foreign capital accounting for 1.4 billion yuan. This is the first time active configuration-type foreign capital has turned towards net inflows since mid-October 2024. Foreign capital and foreign institutions are important participants in the Chinese market. With the gradual highlighting of the investment value of Chinese assets and the continuous improvement in the degree of opening up to the outside world, we believe that more foreign capital will come to invest in China.