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Roger Feng, head of UBS's Global Financial Markets Department in China, stated that in the context of continuous and escalating policy stimulus since September last year, overall investor confidence in Chinese investments has been increasing. Particularly within the global trend of diversified asset allocation, overseas investors' willingness to allocate non-dollar assets and Chinese assets has been gradually rising. Feng mentioned that as of June, foreign investors' holdings in Chinese A shares exceeded 3 trillion RMB, accounting for 7.4% of the total free float market value of A shares. He also noted a significant increase in participation from overseas investors from the United States and the Middle East at the 22nd UBS Securities China A-share Seminar compared to previous years. Feng pointed out that Chinese institutional investors have been showing increasing confidence in A-shares, Chinese concept stocks, and Hong Kong stocks. Their overall confidence in following and rotating sectors has also been consistently strong.
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