[Foreign investment increases allocation to Chinese assets
Call options rise] Chris Murphy, co-director of derivatives strategy at Susquehanna International Group, said that investors bought a large number of call options on iShares China Large Cap ETF (FXI) last Friday. Other call options related to Chinese assets also rose, including the China Overseas Internet ETF (KWEB). ETFs related to Chinese assets also strengthened. Many foreign institutions are optimistic about the future performance of the Chinese market. These foreign institutions believe that the recovery of corporate earnings will provide support for the market's upward trend, and incremental funds are expected to continue to flow in.
