Foreign giants use ETFs to increase their allocation to Chinese assets.

In the first half of this year, foreign giants have been active in the ETF market. Barclays Bank and UBS Group have significantly increased the number of ETFs they hold compared to the end of last year, with both holding multiple Hong Kong and A-share related products. Many institutions have indicated that, with the progress of RMB internationalization and the gradual recovery of corporate profits, global investors' confidence in the A-share market is increasing significantly. In the future, there is still sufficient space for overseas funds to increase their holdings in A-shares.