Since this year, under the impetus of continuous policy guidance and market environment optimization, medium- and long-term funds such as insurance funds, pensions, and public funds have accelerated their entry into the A-share market, and are becoming an important force in enhancing market resilience and promoting value investment transformation. In addition to long-term domestic capital, foreign-funded institutions have also shown strong interest and continued confidence in Chinese assets. According to Wind data, foreign-funded institutions have investigated A-share listed companies more than 9,000 times since this year, continuing to send positive signals that they are optimistic about Chinese assets. Intensive research by foreign-funded institutions has been transformed into actual capital allocation. The data shows that by the end of the third quarter, the market value of A-shares held by Northbound Capital had increased for three consecutive quarters, and the cumulative market value of its holdings increased by more than 340 billion yuan during the year. Furthermore, the UBS report shows that by the end of the third quarter of this year, the Chinese stock holdings ratio of the world's top 40 investment institutions had risen to 1.1%, the highest level since the first quarter of 2023.

Since this year, under the impetus of continuous policy guidance and market environment optimization, medium- and long-term funds such as insurance funds, pensions, and public funds have accelerated their entry into the A-share market, and are becoming an important force in enhancing market resilience and promoting value investment transformation. In addition to long-term domestic capital, foreign-funded institutions have also shown strong interest and continued confidence in Chinese assets. According to Wind data, foreign-funded institutions have investigated A-share listed companies more than 9,000 times since this year, continuing to send positive signals that they are optimistic about Chinese assets. Intensive research by foreign-funded institutions has been transformed into actual capital allocation. The data shows that by the end of the third quarter, the market value of A-shares held by Northbound Capital had increased for three consecutive quarters, and the cumulative market value of its holdings increased by more than 340 billion yuan during the year. Furthermore, the UBS report shows that by the end of the third quarter of this year, the Chinese stock holdings ratio of the world's top 40 investment institutions had risen to 1.1%, the highest level since the first quarter of 2023.