ASIA STOCKS: Inflows Continue for Major Markets

Jul-25 02:41

Asia’s major markets have experienced another solid week for flows, topping $4bn. 

  • South Korea: Recorded inflows of +$98m yesterday, bringing the 5-day total to +$1,476m. 2025 to date flows are -$6,494. The 5-day average is +$295m, the 20-day average is +$119m and the 100-day average of -$39m.
  • Taiwan: Had inflows of +$334m yesterday, with total inflows of +$2,086 m over the past 5 days. YTD flows are negative at -$1,363. The 5-day average is +$417m, the 20-day average of +$417m and the 100-day average of +$65m.
  • India: Had outflows of -$382m as of the 23rd, with total inflows of -$215m over the past 5 days.  YTD flows are negative -$8,777m.  The 5-day average is -$43m, the 20-day average of +$69m and the 100-day average of +$24m.
  • Indonesia: Had inflows of +$11m yesterday, with total inflows of +$23m over the prior five days.  YTD flows are negative -$3,596m.  The 5-day average is +$5m, the 20-day average -$13m and the 100-day average -$30m.
  • Thailand: Recorded inflows of +$50m yesterday, with inflows totaling +$308m over the past 5 days. YTD flows are negative at -$1,942m. The 5-day average is +$62m, the 20-day average of +$19m and the 100-day average of -$17m.
  • Malaysia: Recorded inflows as of +$5m yesterday, totaling +$39m over the past 5 days. YTD flows are negative at -$2,830m. The 5-day average is +$8m, the 20-day average of -$3m and the 100-day average of -$18m.
  • Philippines: Recorded inflows of +$2m yesterday, with net inflows of +$0m over the past 5 days. YTD flows are negative at -$618m. The 5-day average is +$0m, the 20-day average of -$1m the 100-day average of -$4m.
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Historical bullets

CHINA PRESS: China's GDP Likely To Maintain Over 5% In H2 - Economist

Jun-25 02:20

China’s economic growth rate is expected to remain above 5% in the second half of the year, said Huang Yiping, dean at the National School of Development at Peking University. The country’s overall economic activity remains resilient despite ongoing real estate adjustments and external uncertainty. Measures to boost consumption and a more proactive fiscal policy since Q4 last year will lend support, he said. Authorities have room to boost fiscal spending, though the long term health of government finances should be considered, he added. (Source: Securities Times)

CHINA PRESS: China To Promote Rural EV Sales

Jun-25 02:20

The Ministry of Commerce will promote new energy car sales in rural areas from July to December, offering subsidies up to CNY20,000 for each buyer who replaces a qualified used car with an electric vehicle, Shanghai Securities News reported. The campaign is expected to drive millions of units in EV sales, said Cui Dongshu, secretary-general at the China Passenger Car Association, noting that farmers’ vehicle ownership rate has increased by an average of about 4 percentage points each year in the past few years, demonstrating strong demand potential.

CHINA PRESS: Real-estate Actors Paid To View Houses

Jun-25 02:19

Frontline staff at real-estate agents in certain cities are hiring actors to pose as prospective high-value homebuyers, according to the Yicai news agency. One agent told Yicai that he personally covers the costs to meet viewing targets and avoid punishment, describing the current conditions as the "toughest period" since he began working. Yicai noted the practice contrasts sharply with conditions in first-tier cities just years ago, when buyers lined up for viewings and agents led multiple groups, underscoring the dramatic shift in supply and demand.