

Core Viewpoint - Foreign capital is continuously increasing its investment in China, with significant activities from institutions like Norges Bank in companies such as ZhongAn Online [1] Group 1: Foreign Investment Activities - Norges Bank increased its holdings in ZhongAn Online by 1.3481 million shares at an average price of 17.7718 HKD, amounting to 23.958 million HKD, raising its H-share holding ratio to 5.07% and total shareholding ratio to 4.92% [1] - The increase in holdings positions Norges Bank as the fifth largest shareholder in ZhongAn Online [1] Group 2: Market Trends - In the first half of 2025, foreign capital net increased its holdings in domestic stocks and funds by 10.1 billion USD, reversing the previous trend of net reductions [1] - Major foreign financial institutions such as Citigroup, Goldman Sachs, and Morgan Stanley have raised their ratings on Chinese stocks [1]