1月第2周全球外资周观察：灵活型外资流入收窄

Group 1 - The core conclusion indicates that there may be a slight net outflow of northbound funds in the recent week, while flexible foreign capital might see a small net inflow [1] - In the Hong Kong stock market, stable foreign capital experienced an outflow of 1 million HKD, while flexible foreign capital saw an inflow of 7.9 billion HKD, and the Hong Kong Stock Connect recorded an inflow of 15.5 billion HKD [1][2] - In the Asia-Pacific market, foreign capital flowed into Japan during the week, while there was an outflow from India in December [2][17] Group 2 - In the A-share market, the estimated net outflow of northbound funds was 4.3 billion CNY during the week of January 12-16, 2026, compared to a net inflow of 9.6 billion CNY in the previous week [10] - The top active stocks in the northbound trading during the week included Ningde Times with a total transaction amount of 21.9 billion CNY, accounting for 17% of the stock's weekly trading amount [10] - In the Hong Kong stock market, a total of 24 billion HKD flowed into the market, with significant inflows into ETFs, non-ferrous metals, and semiconductors [12] Group 3 - In the US market, global mutual fund inflows into the US equity market amounted to 9.2 billion USD in November, an increase from 3.8 billion USD in the previous month [19] - In the European market, mutual fund inflows in November included 0.55 billion USD in the UK, 1.17 billion USD in Germany, and 1.4 billion USD in France, contrasting with outflows in the previous month [21]