Group 1 - The overseas market volatility has increased, prompting many funds to seek opportunities for bottom-fishing globally, with fund companies actively launching suitable products [1][2] - Currently, there are 4 QDII funds available for sale, with 6 QDII funds established this year and several more awaiting approval [1][2] - The first ETF investing in the French market, the Huaan France CAC40 ETF, has begun issuance, with a cap of 300 million RMB due to QDII quota limitations [1] Group 2 - The investment focus of QDII funds has primarily been on the US and Hong Kong markets, making tools for investing in the European market relatively scarce [1] - The average return of QDII funds this year is -13.4%, with many funds targeting Germany, the US, and Japan experiencing net value declines exceeding 20% [2] - Despite some QDII funds showing losses, fund companies remain optimistic about product deployment at the current market conditions [3]

Group 1 - Japan Activation Capital (JAC), led by former Carlyle executive Hiroyuki Otsuka, has acquired shares in Pigeon Corporation, a baby products manufacturer, betting on overseas demand for its products as Japan's birth rate approaches the lowest in the world [1] - JAC has purchased less than 5% of Pigeon Corporation's shares and will act as a minority shareholder, providing consulting services to Pigeon's management [1]