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Asian Equity Flows

ASIA STOCKS
  • China Equities have seen little in the way of inflows post the LNY, the 5yr LPR was cut yesterday which did little to spur flows
  • Foreign Buying of South Korea Equities has decreased in the past week, with the 5-day moving average of falling to $133.8m, well below the 20-day average of $297.7m.
  • Indonesian stocks have seen an increase of Foreign inflows to equities post the Presidential election
  • Taiwan inflows have largely been due to their exposure to the semiconductor sector
  • Thailand's saw decent equity outflows last week, and turned negative again post weaker GDP Data, while the PM now calls for rate cuts

Table 1: EM Asia Equity Flows

YesterdayPast 5 Trading Days2024 To Date
China (Yuan bn)*-0.18.40.2
South Korea (USDmn) 1438597519
Taiwan (USDmn) 10111904137
India (USDmn)** 21-103-3784
Indonesia (USDmn) 905021427
Thailand (USDmn) -2-57-841
Malaysia (USDmn) ***1387334
Philippines (USDmn) 1246.1186
Total (Ex China USDmn)37725248978
* Northbound Stock Connect Flows
** Data Up To Feb 16
*** Data Up To Feb 19

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