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1. Foreign-funded institutions are optimistic about the A-share market: Head institutions such as Goldman Sachs, Morgan Asset Management and UBS continue to give suggestions on "high allocation" of the A-share market in 2025, and believe that the profit rate of China enterprises is expected to increase, and the net inflow of funds from individual investors will be more attractive to overseas investors [1].8. A-shares are included in international indexes: A-shares are included in international indexes such as MSCI, which indicates that the pace of internationalization of A-shares is accelerating. In the future, more international indexes will be included in A-shares, and the proportion of inclusion will also increase steadily [13].[13] "Getting rich" marks the acceleration of A-share internationalization | Securities Daily | 2018-09-29 00:07:42 (information) (https://emwap.eastmoney.com/news/info/detail/20180929954626888)

9. Deepening the reform and opening up of the financial industry: The internationalization of A-shares will help deepen the reform and opening up of the financial industry, strengthen the construction of multi-level capital markets and increase the proportion of direct financing, which is one of the goals of China's financial reform [13].[11] China A-share market internationalization process started | 2019-05-18 12:46:22 (public opinion) (https://www.crntt.com/crn-p? coluid=151&docid=105431454 )[3] Deepening the two-way opening of the capital market to further facilitate cross-border investment and financing | shanghai securities news | 2024-11-30 00:00:00 (public opinion) (https://paper.cnstock.com/html/2024-11/30/content _ 2000389.htm)

[12] Securities Daily: The internationalization of the A-share market is accelerating due to various efforts | 2018-10-18 07:33:00 (public opinion) (https://m.toutiao.com/article/6613473217728217614/)6. The power of science and technology promotes the internationalization of financial markets: financial technology and market development are highly linked, scientific and technological progress pushes the market forward, and market development promotes more demand and promotes technological innovation [9].4. Foreign investment promotes A-share value investment: The entry of foreign investment will help to further internationalize the investment concept of A-shares, and value investment is expected to be deeply rooted in people's hearts [4].