Fund flows to China's equity market reverse course

From net inflow to net outflow.

Fund flows to China’s equity market reverse course, with fund flows to China’s equity market turning from a net inflow of US$1.1b two weeks ago to a net outflow of US$396m for the week that ended 17 September.

According to a release from CCB International, US$493m in fund outflows arrived in the form of ETFs, offset by US$98m in no-ETF inflows.

Meanwhile, fund flows to Hong Kong’s equity market declined from a net inflow of US$142m two weeks ago to a net inflow of US$40m for the week ended 17 September.

The report noted that US$14m in net inflows was in the form of ETFs, leaving US$26m in inflows that did not derive from ETFs. On the debt front, fund flows to China declined from a net inflow of US$35m two weeks ago to a net inflow of US$27m last week.

Further, fund flows to Hong Kong turned from a net inflow of US$13m two weeks ago to a net outflow of US$4.7m last week.