Overseas "big money" actively laying out assets in China.

The trend of overseas "hot money" showing a strong preference for Chinese assets is becoming more prominent, and recent data from multiple global authoritative institutions have confirmed this trend. The latest data from Goldman Sachs Research Department shows that in August, global hedge funds' net purchases of China reached a new high since September of last year, and hedge funds' gross positions in China reached a new high in two years. The latest report from the International Finance Association shows that in August, foreign investors poured nearly $45 billion into emerging market stock and bond portfolios, the highest level in nearly a year. Among them, funds flowing into Chinese market portfolios accounted for the majority, with a total net inflow of $39 billion in Chinese bonds and stocks in August. Experts interviewed by reporters stated that this influx of funds not only reflects an expansion in terms of amount, but also reflects a systematic reevaluation by international capital of China's economic fundamentals and medium- to long-term growth potential. As "hot money" enters the market in a big way, research activities are becoming more frequent, indicating that foreign capital is positioning itself through in-depth research, and "buying into China" is evolving from a trading opportunity into a structural trend.