Morgan Asia-Pacific: In the future, we will further introduce global customer funds into the Chinese market.

At the 2025 Financial Street Forum Annual Meeting, Venkat Boppana, Managing Director of Morgan Stanley Asia and Head of Product and Product Operations for the International Equities Department in the Asia-Pacific region, mentioned that China has become the most sought-after market globally, and the Beijing Stock Exchange plays a key role in supporting innovative small and medium-sized enterprises and improving the layout of China's capital market. He emphasized that the Beijing Stock Exchange focuses on small and medium-sized innovative enterprises, complementing the broad and large-scale market services provided by the Shanghai and Shenzhen Stock Exchanges, jointly supporting China's strategic goals of nurturing innovation and promoting the development of small and medium-sized enterprises. Venkat Boppana also stated that they have already promoted data access and other technological cooperation through local securities firms, and they are hopeful to further introduce global client funds in the future.