1, overseas economic recovery. Compared with the domestic market, although the overseas market is still shrouded in the gloom of the European debt crisis, the steady recovery of the European and American markets, especially the American economy, has brought considerable returns to the securities market. As of May 1 2065438, the three major American stock indexes have basically recovered to the level before the financial crisis, and the steadily rising securities market will undoubtedly attract more investors' attention.

2. The pressure of RMB exchange rate appreciation has slowed down. Since the end of 20 1 1, the one-way appreciation of RMB began to stagnate, and the characteristics of two-way fluctuation became more and more obvious. Under this condition, the performance of new QDII products has become more and more stable. In the context of high domestic inflation and decreasing capital and current account surplus, the shadow of RMB appreciation hanging over QDII investors will gradually dissipate.

3. The advantages of foreign securities markets are obvious. Compared with the domestic market, foreign markets, especially mature markets in Europe and America, have higher returns and more stable market environment. Even during the "lost decade" of US stocks in 2000-20 10, some active funds that mainly invested in the US market also made objective returns, while foreign companies had the advantages of high dividend rate and good investor protection, which was obviously attractive to domestic investors.