The Chinese stock market has experienced significant fluctuations recently. The CSI 300 index, representing China's largest stocks, surged by up to 35% during a recent buying spree but has since seen a decline. The financing balance on the Shanghai and Shenzhen Stock Exchanges increased by 229.28 billion yuan to a total of 16,226.53 billion yuan as of October 21, up from 15,997.25 billion yuan on October 18. Meanwhile, the Hang Seng Index in Hong Kong fell by 1.57%, with the Hang Seng Tech Index dropping by 2.37%. Companies like NetEase and Alibaba saw substantial declines. Additionally, China's exchange-traded equity funds received a net inflow of 254.5 billion yuan ($35.8 billion) since September 24. Last week, China-dedicated equity funds saw an outflow of about $4.1 billion. China's sovereign wealth fund sold a record $29 billion in bonds this year, and the Beijing Stock Exchange 50 Index plummeted over 7%. The foreign ownership of Chinese yuan bonds reached a record high, surpassing $640 billion.