全球资金观察系列115：资金面改善，北向流入大金融45亿元

Global Market Trends - Global funds saw inflows of $146 million into bonds and $89 million into stocks, while $125 million flowed out of the currency market during the week of July 24-31, 2024[10] - The S&P 500 and Nasdaq indices experienced declines during the same period[4] - Emerging markets attracted more global funds compared to developed markets, with a cumulative return difference of 25.7% since 2024[20] Domestic Market Insights - Northbound capital inflows were highest in the financial sector, totaling 44.84 billion CNY, followed by medical aesthetics at 31.24 billion CNY, and public services at 18.79 billion CNY[5] - The top individual stocks for northbound inflows included China Nuclear Power (6.18 billion CNY) and WuXi AppTec (6.04 billion CNY), while Kweichow Moutai saw the largest outflow at -11.7 billion CNY[39] - Southbound capital inflows were led by information technology (47.4 billion HKD) and energy (38.9 billion HKD) sectors[5] Fundraising and Financing Activities - A total of 36.57 billion CNY was raised this week, with an IPO scale of 19 billion CNY and two companies going public[5] - The balance of margin financing and securities lending increased to 1,437.14 billion CNY, reflecting a rise of 74.16 billion CNY from the previous week[6] Risk Factors - Potential risks include rising risk-free interest rates, significant macroeconomic fluctuations, and unexpected market volatility, particularly regarding global capital returning to the U.S.[6]