Since December this year, foreign giants have started to buy at the bottom and increase their holdings in Chinese assets. According to the latest public documents from the Hong Kong Stock Exchange, JPMorgan Chase increased its stake in Bilibili from 6.94% to 7.22% on December 22. In addition, H-shares such as Xiaopeng Automobile, Zijin Mining, CITIC Bank, and China Merchants Bank have also been significantly increased by foreign investors.