Net inflow of Northbound Funds Exceeds 10 Billion Yuan
According to recent reports, the net inflow of northbound funds has exceeded 10 billion yuan, with Shanghai Stock Connect seeing a net inflow of 5.355 billion yuan and Shenzhen Stock Connect receiving 4.682 billion yuan. These figures are based on the balance scale (pending orders) measurement.
Additionally, the net buying of northbound funds has surpassed 8.4 billion yuan based on completed trading volume. Shanghai Stock Connect recorded a net buying of 4.327 billion yuan, while Shenzhen Stock Connect saw a net buying of 4.136 billion yuan.
This influx of funds from Northbound investors suggests a positive sentiment towards the Chinese stock market and reflects growing interest and confidence in the country’s economy. The data was sourced from Jiemian News, a trusted news outlet known for its reliable financial reporting.
Overall, these numbers indicate a strong reception from foreign investors towards the Chinese market and bode well for future investment opportunities in the region.