全球资金观察系列109：北向流入电子38亿元

Global Fund Flows - Global funds flowed into the currency, bond, and stock markets with net inflows of $46.7 billion, $17.8 billion, and $10.7 billion respectively during the week of May 30 to June 5, 2024[9] - The S&P 500 and Nasdaq indices showed upward movement despite market data fluctuations[14] - Emerging markets received more inflows compared to developed markets, with a cumulative return difference of 24.6% since the beginning of 2024[27] Bond Market Insights - The yield curve inversion between the 10-year and 2-year U.S. Treasury bonds expanded to -0.44%[43] - Global funds predominantly flowed into U.S. corporate bonds, with inflows of $47.39 billion, followed by mixed bonds at $43.56 billion and sovereign bonds at $32.95 billion[43] Sector-Specific Trends - In the U.S. market, the utilities sector attracted the most inflows at $9.23 billion, while the energy sector saw the largest outflows at -$6.55 billion[68] - In China, the financial sector received the highest inflow of $1.99 billion, while the technology sector experienced the largest outflow at -$1.98 billion[65] Northbound and Southbound Capital Movements - Northbound capital inflows totaled 5.3 billion yuan, with significant investments in high-end manufacturing (3.6 billion yuan) and medical aesthetics (3.5 billion yuan)[19] - Southbound capital flows favored the information technology sector, with net purchases of 7.35 billion HKD, while the real estate sector saw the least interest with only 0.52 billion HKD[10] Fundraising and Market Activity - A total of 31.03 billion yuan was raised in the week, with an IPO scale of 7.03 billion yuan from one company[20] - The margin financing balance decreased to 15,118 billion yuan, reflecting a reduction of 135.66 billion yuan from the previous week[12]