Fund flows to HK's equity market slipped to US$169m

In a span of just 2 weeks.

Fund flows to China’s equity market surged from a net inflow of US$139m in mid July to a net inflow of US$2.1b last week, ended 30 July.

According to a research report from CCB International, this marks the largest single-week inflow since late 2012.

Meanwhile, US$1.7b in fund inflows arrived in the form of ETFs, leaving US$0.4b in fund inflows that were non-ETFs.

Here’s more from CCB International:

Fund flows to Hong Kong’s equity market declined from a net inflow of US$310m two weeks ago to a net inflow of US$169m for the week ended 30 July.

US$50m in net inflows was in the form of ETFs, leaving US$119m in inflows that did not derive from ETFs.

The China and Hong Kong equity markets have received net fund inflows for eight and five consecutive weeks, respectively, with total inflows amounting to US$5.0b and US$876m.

On the debt front, fund flows to China turned from a net outflow of US$198m two weeks ago to a net inflow of US$55m last week.

Fund flows to Hong Kong rose from a net inflow of US$7.4m two weeks ago to a net inflow of US$16m last week.