Foreign institutions are densely expressing bullish views on the Chinese stock market, highlighting the value of bottom-position allocation in A50 ETF Huaxia (159601).

As of 9:50 on July 22, the MSCI China A50 Connect Index rose 0.19% in intraday trading, with constituent stocks showing mixed gains and losses. Shenghong Technology, Sungrow Power Supply, and NAURA Technology led the gains, while BYD, AMEC, and Century Huatong led the declines.

Since July, multiple foreign institutions including Citigroup, UBS, and Standard Chartered Bank have densely released market views, remaining bullish on the Chinese stock market's performance in the second half of the year. From rating upgrades to substantial capital allocation increases, foreign institutions are actively demonstrating their confidence in Chinese assets through concrete actions. With the continuous advancement of a series of measures to open up the capital market, the channels for global capital to allocate to Chinese assets will continue to broaden, and the "magnetic attraction" of China's capital market for long-term foreign capital is expected to further strengthen.

The A50 ETF Huaxia (159601) and its feeder funds (014530/014531) closely track the MSCI China A50 Connect Index, packaging 50 leading connect targets with one click, and providing balanced coverage of the performance of core leading assets in the A-share market. According to Shenwan Level I industry distribution data, the index provides balanced coverage of industries such as electronics, banking, telecommunications, power equipment, and non-ferrous metals. Looking at the top ten constituent stocks data, the top ten heavy-weight holdings are CATL, Zhongji Innolight, Zijin Mining, Kweichow Moutai, Cambricon, Haiguang Information, Eoptolink, Foxconn Industrial Internet, Luoyang Molybdenum, and BYD.