全球市场流动性周观察20241222

Capital Flows - Total capital inflow into the Hong Kong stock market was HKD 800 million during the week of December 24, 2012, to December 18, 2012[3] - Stable foreign capital experienced an outflow of HKD 5.7 billion, while flexible foreign capital saw an outflow of HKD 10.5 billion during the same period[3] - The Hong Kong Stock Connect recorded an inflow of HKD 20.3 billion[3] Sector Performance - The main inflows through the Hong Kong Stock Connect were into the banking sector (HKD 7.6 billion), telecommunications services (HKD 3.9 billion), and energy (HKD 2.6 billion)[10] - Outflows were primarily from ETFs (HKD 4.5 billion), software and services (HKD 1.2 billion), and semiconductors and semiconductor production equipment (HKD 0.4 billion)[10] Individual Stock Activity - The most active stocks in the mainland stock connect included Ningde Times (total transaction amount of HKD 9.5 billion, accounting for 34% of the stock's weekly trading amount), Kweichow Moutai (HKD 8.7 billion, 31%), and Dongfang Wealth (HKD 7.6 billion, 14%)[6] Recent Trends - In the previous week, the estimated net outflow of northbound funds was HKD 7.6 billion, compared to HKD 1.2 billion in the week before[89] - Flexible foreign capital saw an estimated net outflow of HKD 5 billion, up from HKD 600 million in the previous week[89] Japanese Market - In the latest week ending December 9, 2023, overseas investors had a net outflow of JPY 510.4 billion from the Japanese stock market, compared to an inflow of JPY 135.7 billion the previous week[111]