Overseas capital inflows into China’s A-share market surged in H1 of 2023

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Overseas capital inflows into China’s A-share market via the northbound leg of the Mainland – Hong Kong Stock Connect scheme exceeded 180 billion yuan ($24.9 billion) in the first half of the year, surging 155.3% from a year earlier, surpassing the total net inflows seen in 2022.

The benchmark Shanghai Composite Index gained 3.65% in the first half, the Shenzhen Component Index up 0.1% and the tech-heavy ChiNext Price Index down 5.6%. The bluechip CSI 300 Index fell 0.75% during the six-month periodl

In January, overseas capital inflows into China’s A-share market hit an all-time high of 141.3 billion yuan, followed by outflows in April and May and inflows of 35.4 billion yuan in March and 14 billion yuan in June.