外国机构（FII）扭转了亚洲股市连续七个月的净流出趋势！5 月净流入 120 亿美元

Group 1 - In April, Asian and emerging market funds reduced their overweight positions in mainland China, although their holdings remain close to multi-year highs [1][7][16] - Global funds have gradually increased their holdings in mainland China over the past few months, but these levels are still significantly lower than those reached in 2021 [8][19] - Asian funds slightly increased their holdings in Taiwan, but their allocation relative to the benchmark index remains near historical lows [1][16] Group 2 - Foreign institutional investors (FII) injected approximately $12 billion into Asian stock markets outside of China as of May, marking the strongest monthly inflow in a year and a half [1][19] - Almost all markets experienced inflows, primarily driven by Taiwan and India, with Taiwan's inflow reaching its highest monthly level since the end of 2023 [19][20] - Despite remaining net buyers in the Indian stock market, the inflow scale has been relatively modest [20] Group 3 - Asian and emerging market funds reduced their low allocations to mainland China, South Korea, and Hong Kong, while also decreasing their low allocation to India [7][16] - Funds have shifted to a neutral allocation for South Korea, reflecting a reduction in risk exposure across most ASEAN markets, except for the Philippines [7][16] - Since January 2024, foreign funds have become net buyers in the Vietnamese stock market, indicating a shift in investment trends [22]