Fund Chung Hong Kong to draw new shares a week net redemption 14.5 billion Gold Bureau note 2.7 billion ports sinks

"The report" (reporter Zhou Shaoki) The new stock activity has become active, attracting capital inflow to Hong Kong to subscribe for new shares, the Hong Kong dollar is maintained at the level of the strong-side convertibility guarantee against the United States dollar, which was not affected by the HKMA's Thursday late intervention, and the Hong Kong dollar was at the 　　Capital inflows pushed stocks up nearly 2% per cent, but data from the fund tracker company, EPFR Global, showed that investors seeking security injected $25.9 billion trillion into money-market mutual funds in the week of June 24, while capital flowed out of emerging markets, with the region being the most severe. The HKMA injected $2.713 billion into the market during the New York trading session in Thursday, and traders said the Hong Kong dollar had not weakened after the intervention and the HKMA might intervene again. 　　The Hong Kong dollar is currently at HK $7.75. Emerging markets in March, the research institute, EPFR said the net redemption of emerging-market equity funds, up to $1.87 billion trillion (about HK $14.58 billion) a week by June 24, was the first time since early March that investors were worried about emerging market exports and could delay recovery. 　　Investors withdrew $660 million from Asian funds outside Japan, withdrawing $457 million from Latin American equity funds. Weekly net redemption of equity funds 14.5 billion in fact, the MSCI emerging market index has fallen by 6.1% per cent since the eight-month high on June 1. Jonathan Garner, chief Asia and emerging market strategist at Morgan Stanley, said that since the third week of May, the cumulative returns on emerging market funds had been negative, reflecting a short-term adverse inflow of funds. 　　He downgraded South Korea, Turkey and Hungary to lower prices. China's equity funds also showed a net outflow of $262 million trillion, the largest in a week since the first week of March, with a net outflow of $175 million trillion from equity funds in Greater China. Total emerging-market equity funds redeemed up to $1.87 billion last week. The US bond fund recorded a net inflow of $1.72 billion.