国家外汇局：上半年外资净增持境内股票和基金101亿美元

Core Insights - The overall foreign investment in RMB assets has remained stable since 2025, with foreign holdings of domestic RMB bonds exceeding $600 billion, marking a historically high level [1] - In the first half of the year, foreign net purchases of domestic stocks and funds amounted to $10.1 billion, reversing a two-year trend of net selling, with a significant increase in May and June to $18.8 billion [1] - The future outlook for foreign investment in RMB assets is positive, supported by a stable macroeconomic environment and favorable financial market developments [2] Group 1 - Foreign investment in RMB bonds has increased, with current holdings at over $600 billion, indicating strong interest from international investors [1] - The net increase in foreign investment in domestic stocks and funds in the first half of 2025 signifies a shift in investor sentiment towards the Chinese market [1] - The proportion of foreign holdings in domestic bonds and stocks is approximately 3%-4%, suggesting room for growth in foreign allocation to RMB assets [1] Group 2 - The robust economic fundamentals in China are creating a stable macro environment for foreign investments, with recent policies aimed at expanding domestic demand showing positive effects [2] - The high-quality development of financial markets in China, including improved connectivity and a comprehensive financial market system, enhances the attractiveness for foreign investors [2] - The global demand for diversified asset allocation is driving foreign interest in RMB assets, with 30% of surveyed central banks indicating plans to increase their RMB asset holdings [2]