11月第3周全球外资周观察：避险情绪下内外资一致性流入价值板块

Group 1 - The report indicates that northbound capital may experience significant net outflows, with an estimated net outflow of 18.3 billion yuan during the week of November 17-21, 2025, compared to a net outflow of 5 billion yuan the previous week [7] - The report highlights that the top active stocks in the northbound trading include Ningde Times, with a total transaction amount of 21.4 billion yuan, accounting for 15% of the stock's weekly trading volume [7] - In the Hong Kong market, there is a consistent inflow of value sectors amid risk aversion, with a total capital inflow of 5.6 billion HKD during the week of November 12-18, 2025 [11][13] Group 2 - In the Asia-Pacific market, foreign capital inflows were observed in Japan, with a net inflow of 521.9 billion yen during the week ending November 10, 2025, reversing a previous outflow of 321.4 billion yen [20] - The report notes that in October, foreign institutional investors invested 1.66 billion USD in the Indian stock market, compared to a net outflow of 2.7 billion USD the previous month [20] - In the US market, global mutual funds saw a net inflow of 2.55 billion USD into the US equity market in September, following a net outflow of 0.36 billion USD the previous month [23]