Citi: Return of funds to Asian offshore Fund

Source: Internet
Author: User
Keywords Capital flows Citi return of funds inflow of funds offshore funds
"The newspaper" (reporter Lindfing) Hong Kong stock company rose 5 trading days, tired up more than 2,200 points, turnover and the trend of daily increase.   Citi, the investment bank, reported last week that funds were flowing back into the Asian Offshore Fund, but the amount was small and the flow of capital over the past four weeks continued to fluctuate, with funds from China being transferred to the Greater China fund including the Hong Kong Surplus Fund (2800).   EPFR Global data for the 215 billion Dollar Offshore Asia fund showed that last week's inflow of funds to Asian offshore funds fell to just 131 million U.S. dollars, less than 430 million dollars before three weeks ago, reducing total net redemption in the period to $464 million trillion, which is far worse than the second quarter's monthly inflow of billions of. Last week, more than 800 million capital inflows into the FTSE report indicated that Chinese funds had been redeemed for two consecutive weeks at the top of national funds, while funds were being diverted to greater China funds. For the first time in five weeks, money has flowed into the Greater China fund category, amounting to $201 million trillion, with $105.5 million (about HK $820 million) flowing into Hong Kong's trahk, the equivalent of a net inflow of 80% funds to Asia last week.
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