$Hang Seng Index (800000.HK)$ Financial｜Chinese Stock Market...

$Hang Seng Index (800000.HK)$ Financial｜Chinese Stock Market Recorded Net Capital Loss of USD 7 Billion in May

Data from the International Monetary Association (IIF) showed that the Chinese stock market recorded a net loss of USD 7 billion in May, which was broadly flat in January. According to IIF data, including emerging markets in China as a whole, recorded a net inflow of $55 billion in May and a net inflow of $82 billion when adjusted for April, the stock market recorded a net loss of $60 billion and a net inflow of $115 million in the debt market.

IIF economist Jonathan Fortun said that while the Chinese stock market experienced a loss of funds, the performance of the overall emerging market (EM) showed signs of strengthening Chinese stock market momentum, mainly due to the government's introduction of a series of economic stimulus measures.

Fortun noted that the net inflow of funds to emerging markets is linked to market speculation that the Federal Reserve may not start cutting interest rates soon.