A-shares continue to attract foreign interest

TheStar Wed, Apr 14, 2021 10:20am - 2 years View Original


During the period, however, net foreign inflows into the A-share market via northbound links with Hong Kong remained above water at 24.81 billion yuan (US$3.79bil or RM16bil), despite registering net outflows on some recent trading sessions, according to market tracker Wind Info.

BEIJING: While the A-share market has pulled back for nearly two months on concerns over policy tightening, many foreign investors are actually seeing through the short-term volatility to capture strategic opportunities brought on by the improving quality of domestic listed companies, according to market experts.

Since its recent intraday peak of 5930.91 on Feb 18, the benchmark CSI 300 index has slipped 16.6% to 4,947.75 as of close on Monday, as investors dumped expensive high-profile growth stocks and were worried about any monetary policy shift amid global reflation.

During the period, however, net foreign inflows into the A-share market via northbound links with Hong Kong remained above water at 24.81 billion yuan (US$3.79bil or RM16bil), despite registering net outflows on some recent trading sessions, according to market tracker Wind Info.

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