CSRC data show foreign capital has continued flowing into A-shares YTD;
foreign-held A-share free-float market value exceeds CNY4 trillion. At the
Shenzhen Stock Exchange Global Investors Conference (May 28-29), foreign fund
managers pointed to stable macro policy, China’s large market scale and strong
innovation momentum, and reform measures that are improving the capital-market
ecosystem and creating allocation opportunities. UBS’s head of China, Global
Financial Markets, Fang Dongming, said that amid geopolitical uncertainty
Chinese equities, bonds and RMB assets have traded resiliently and serve as an
important safe haven for global capital.
