Core Insights - In August, global hedge funds recorded the highest net buying of Chinese stocks since September of the previous year, indicating a renewed interest in the Chinese market [1] - The gross positions of hedge funds in Chinese stocks reached a two-year high, reflecting strong risk appetite towards the Asian stock market [1] Group 1: Hedge Fund Activity - Global hedge funds' net buying of Chinese stocks (including A-shares and Hong Kong stocks) in August marked a new high since September 2024 [1] - The positions of global hedge funds in Chinese stocks increased by 76 basis points in August, reaching a two-year peak [1] Group 2: Market Sentiment - The risk appetite for Asian stock markets among global hedge funds has remained high for four consecutive months [1]