Fund flows to Hong Kong's equity market has turned to US$46m net inflow

Most was in the form of ETFs.

Fund flows to Hong Kong’s equity market turned to a net inflow of US$46.0m for the week ended

2 July from a net outflow of US$101.8m two weeks ago before that.

According to a research note from CCB International, US$43.8m of total net inflows of US$46.0m was in the form of ETFs, leaving US$2.2m in inflows that did not derive from ETFs.

Meanwhile, on the debt front, the report noted that fund flows to China declined from a net outflow of US$39.4m two weeks ago to a net outflow of US$7.4m last week.

Further, fund flows to Hong Kong declined from a net inflow of US$14.5m two weeks ago to a net inflow of US$5.0m last week.

CCB International also said that fund flows to China’s equity market declined from a net inflow of US$474.8m two weeks ago to a net inflow of US$24.2m last week (ended 2 July).

US$60.5m of the total fund inflows, meanwhile, were in the form of non-ETFs, leaving US$36.3m in fund outflows that were ETFs.