According to TechFlow, on May 12, Jin10 Data reported that Morgan Stanley stated hedge funds increased their bullish bets on the Chinese stock market last week, especially American hedge funds, hoping for progress in China-US trade negotiations. Morgan Stanley said in a report released last Friday that after seeing encouraging signs that China and the US might reach a trade agreement, American hedge funds "reinvested" in China by buying stocks traded on the US stock market and the A-share market. The bank noted that, in contrast, hedge funds reduced positions in most Asian regions led by Thailand, Hong Kong, India, and Australia.