Short positions are gradually closing and leaving the market. Foreign short positions are closing their positions in Chinese stock ETFs listed overseas. According to information from the overseas trading website Market Chameleon, Chinese stock ETFs linked to overseas listings, such as FXI options, have recently seen new signals, with the number of open put option contracts dropping to a one-year low. This means that some bears are gradually closing their positions and leaving the market. In addition, the Put/CallRatio of FXI put and call options has decreased to 0.4, indicating a gradual warming of sentiment and an increase in the power of bulls.