Global equity funds recorded inflows for the eleventh consecutive week, while U.S. equity funds posted net outflows of USD 1.58 billion.
According to Refinitiv, a unit of London Stock Exchange Group (LSEG), global equity funds recorded net inflows of USD 21.15 billion in the week ended August 5, compared with approximately USD 27.72 billion in net purchases the previous week. Global equity funds have now posted inflows for the eleventh consecutive week, driven by strong earnings results and lower crude oil prices, which have bolstered investor appetite for risk assets. To date, data from approximately 808 companies in the MSCI ACWI Index that have reported earnings show that aggregate profits for the most recent quarter rose 40.9% year-over-year, with roughly 75% surpassing analyst expectations. By region, European equity funds
HKEX: The total market capitalization of the securities market stood at HK$46.8 trillion at the end of July, up 4% year-on-year.
Gelonghui, August 7 | According to data from the Hong Kong Exchange, the total market capitalization of the securities market stood at HK$46.8 trillion as of the end of July 2026, up 4% year-on-year. The average daily turnover in July was HK$307.2 billion, an increase of 17% year-on-year. The average daily turnover for the first seven months was HK$286.8 billion, up 18% year-on-year.
According to reports, the People's Bank of China has increased its gold reserves in Hong Kong over the past several months to support Hong Kong’s development as a gold trading hub.
Citing sources, Bloomberg reported that the People’s Bank of China (PBOC) has increased its gold reserves in Hong Kong over the past several months to support Hong Kong’s development as a major gold trading hub. It is understood that the PBOC has previously been repatriating portions of its gold reserves from London to mainland China to bolster Hong Kong’s growth, and this process is expected to accelerate, with the PBOC continuing to transfer reserves from London to Hong Kong. The report noted that in recent years, central banks of countries including India and Serbia have repatriated portions of their gold holdings for security or political reasons. The PBOC is also among the world’s largest buyers of gold, with its gold purchases in June reaching the highest level since October 2023, marking the second consecutive month of...
Kaiyuan Securities: Deposits shifting to the non-bank financial system, with notable increases in private equity funds and fund-of-funds (FOFs).
Valuations and institutional holdings in the non-bank financial sector remain at historical lows, and we are positive on the potential for above-market returns from securities firms and insurers in the second half of the year.
Hong Kong Exchanges and Clearing Limited (HKEX, 00388.HK) has appointed He Guangyi as Managing Director and Head of Group Strategy.
Hong Kong Exchanges and Clearing Limited (HKEX, 00388.HK) announced the appointment of He Guangyi as Managing Director and Head of Group Strategy. In his new role, Mr. He will lead the Group’s strategy function and work closely with the HKEX Management Committee and heads of various business divisions to drive the implementation of the Group’s key strategic initiatives. He will provide insights on economic and macro trends and offer guidance on new business initiatives to support the Group’s long-term growth. Mr. He will assume his new role on September 1 and report to HKEX Chief Operating Officer Becky Lau. HKEX also announced that the current Head of Group Strategy and Head of the Office of the Chief Executive, Managing Director Lam Kei Wing,
Hong Kong Exchanges & Clearing Stock Advances 1.6% in Hong Kong