As of May 15, of the 395 QDII funds counted by Wind, only 6 1 only achieved positive returns, down more than 80%; Among the funds that have been in operation for 10 years, there are as many as 22 products with net worth less than 1 yuan. Judging from the industry distribution of QDII funds mentioned above, funds with positive returns are mostly concentrated in the fields of energy and commodities. Among QDII equity funds, 12 products have achieved positive returns this year. The funds with higher total returns include Guangfa Dow Jones, American Petroleum RMB, with a total return of over 43% this year, and Nuoan Oil&Gas ranks second with a total return of 40.72%. At the same time, 12 products such as Guangfa Global Select, Boss Hang Seng Healthcare ETF and Harvest Global Internet all fell by more than 30%. Wind data shows that from the regional allocation of QDII funds, as of the end of the first quarter, the combined market share of Hong Kong stocks and US stocks was nearly 90%, of which the market value of Hong Kong stocks further increased from 53.36% at the end of 2002 103, and the number of products also increased from 95 to103. Founder Securities recently released a research report that it is expected that Hong Kong stocks will continue to rebound in the second quarter, but it is expected that there may be risks in the third quarter, mainly because the negative impact of the overall profitability of Hong Kong stocks has not been reflected in the financial report. The semi-annual report of Hong Kong stocks in the third quarter will be disclosed, which may lead to the stock market falling in the financial report season.