The attractiveness of the Chinese market continues to rise, and international institutions look forward to the further expansion of the Shanghai-Shenzhen-Hong Kong Stock Connect.

China's market attractiveness continues to rise, international institutions look forward to further expansion of the Shanghai-Shenzhen-Hong Kong Stock Connect. Since the beginning of this year, from the further expansion of cross-border market interconnection channels to the formal implementation of relevant systems and rules for the management of overseas listing records, China's capital market has been steadily opened up at a high level and accelerated in both "bringing in" and "going out." A few days ago, at the 2023 Global Investor Conference hosted by the Shenzhen Stock Exchange, Liu Zehua, Director of China Channel and Strategy Development Equity products of HSBC, said that international investors are very happy to see the further opening up of China's capital market. Important developments such as the steady upgrading of the QFII system and the gradual relaxation of restrictions, the further expansion of the Stock Exchange and Bond Stock Connect, and the successful landing of ETF and swap exchanges have brought about positive changes in the views of foreign investors on the Chinese market. Data show that since the beginning of the year, more than US $25 billion of new capital has flowed into the mainland market through the Shanghai-Shenzhen-Hong Kong Stock Connect, and there has also been a strong net inflow of QFII. The expansion of the underlying capacity of stock interconnection has been greatly welcomed by overseas investors, with the net inflow of northbound new shares reaching $2.5 billion, accounting for more than 50 per cent of the total northbound capital inflow since the further expansion of stock interconnection in March. (Shanghai Stock Exchange News)