1. Domestic funds investing in US stocks are QDII funds, such as Cathay Pacific Nasdaq 100 index funds, which track the US Nasdaq 100 index and cover the non-financial companies with the largest market value in the US Nasdaq stock market 100, including high-quality stocks such as Microsoft, Apple and Google.

2.QDII, the acronym of "qualified domestic institutional investor", refers to the institutional arrangement established in a country under the condition that RMB capital is not convertible and the capital market is not open, and approved by the relevant departments of the country, allowing domestic institutions to invest in securities investment business such as stocks and bonds in the overseas capital market in a controlled way.

The direct purpose of establishing this system is to "further open the capital account to create more foreign exchange demand, make the RMB exchange rate more balanced and market-oriented, and encourage more domestic enterprises to go abroad, thus reducing the trade surplus and capital account surplus", which is directly manifested in allowing domestic investors to directly participate in foreign markets and gain global market benefits.