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Net Northbound Connect Flows Still Positive YtD, But Lagging ‘21

CHINA STOCKS

A quick look at flows observable on the northbound leg of the Hong Kong-China Stock Connect schemes reveals that yesterday saw the largest round of net selling via the Connect schemes since the week before the LNY break. Note that mainland shares have still been subjected to net inflows via the Connect schemes during ’22, but the flows have only been modest, totalling CNY16.2bn YtD (vs. a net ~CNY86bn over the comparable period in ’21).

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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