Fund flows to China's equity market declines

Most of total fund inflows were ETFs.

Fund flows to China’s equity market declined from a net inflow of US$558m two weeks ago to a net inflow of US$475m last week, which ended on June 25.

According to the Hong Kong Weekly Liquidity Monitor from CCB International, US$474m of the US$475m total fund inflows were in the form of ETFs, leaving approximately US$0.91 in fund inflows that were non-ETF.

Fund flows to Hong Kong’s equity market turned from a net inflow of US$3.7m two weeks ago to a net outflow of US$102m for the week ended 25 June.

Here's more from CCB international:

US$86m of total net outflow of US$102 was in the form of ETFs, leaving US$16m in outflows that did not derive from ETFs.

On the debt front, fund flows to China turned from a net inflow of US$5.7m two weeks ago to a net outflow of US$39.0m last week.

Fund flows to Hong Kong declined from a net inflow of US$26m two weeks ago to a net inflow of US$15m last week.