害怕“踏空”A股！海外资金加速入场，“吸金”130亿！

Core Viewpoint - The article highlights the increasing interest of overseas investors in A-shares, particularly through ETFs, with significant inflows observed in recent months, indicating a potential bullish sentiment in the Chinese market [2][4][8]. Group 1: ETF Inflows - The top three ETFs have collectively attracted 13 billion RMB (approximately 1.31 billion USD) in the past month [3][6]. - The KWEB ETF, tracking the China Internet Index, saw inflows of 1.34 million USD on August 15, totaling 1.16 billion USD since July [4]. - The MCHI ETF, tracking the MSCI China Index, received 1.19 million USD on August 15, with total inflows of 581 million USD since July [4]. - The FXI ETF, tracking the FTSE China 50 Index, had inflows of 690.6 million USD since July [4]. - In contrast, the ASHR ETF, tracking the CSI 300 Index, experienced a net outflow of 80.1 million USD on August 13, totaling 65.19 million USD since July [4]. Group 2: Investor Behavior - Retail investors typically enter the Chinese market through ETFs, but hedge funds have also contributed to net inflows, buying at the fastest pace in seven weeks [8]. - There is a noticeable difference in sentiment between domestic and overseas investors, with Asian clients inquiring about the A-share bull market, while U.S. clients remain hesitant [8]. - The fear of missing out (FOMO) among overseas investors is expected to intensify, although many still exhibit a selling bias [8]. Group 3: Korean Investors - In August, Korean investors accelerated their purchases of Chinese stocks, with net buying of 72.94 million USD in July for the top ten Hong Kong stocks [10]. - From August 1 to August 18, Korean investors net bought 66.27 million USD in the top ten Hong Kong stocks, nearly matching the total for July [10]. - For A-shares, Korean investors net bought 21.03 million USD from August 1 to August 18, surpassing the 16.43 million USD net buying in July [13].