Fund flows to China’s equity market dropped to US$1.6b in early August

Fund flows to China and HK continue.

Fund flows to China’s equity market declined to a net inflow of US$1.6b in the week of early August (ended 6 August) from a net inflow of US$2.1b two weeks prior to that time.

According to a research note from CCB International Securities Limited, US$1.1b in fund inflows arrived in the form of ETFs, leaving US$0.5b in fund inflows that were non-ETFs.

Meanwhile, fund flows to Hong Kong’s equity market increased to a net inflow of US$238m for the week ended 6 August from a net inflow of US$169m two weeks prior to that time.

Here’s more from CCB International Securities Limited:

US$89m in net inflows was in the form of ETFs, leaving US$149m in inflows that did not derive from ETFs.

The China and Hong Kong equity markets have received net fund inflows for nine and six consecutive weeks, respectively, with total inflows amounting to US$6.6b and US$1.1b.

On the debt front, fund flows to China turned from a net inflow of US$55m two weeks ago to a net outflow of US$23m last week.

Fund flows to Hong Kong fell from a net inflow of US$16m two weeks ago to a net inflow of US$15m last week.