UBS Securities Analysts predict that this year will have a northern orientation of 300 billion yuan (about S $ 58.5 billion) to flow into Chinese A shares.
According to the report on February 9th, in January of this year, foreign capital flowing through the Shanghai and Shenzhen shares was inflow of 141.3 billion yuan, which was a record of the largest single monthly inflow in the past, but after the Spring Festival, there was a slight outflow.In this regard, Meng Lei, an analyst of UBS Securities China Strategy Strategy, believes that the northbound capital has been sharply net into the A -share market at the beginning of the year, mainly due to the optimization of epidemic prevention and control policies and macro policies.Compared to the risk of recession in the European and American economy.
For the recent sketching of the northbound capital, Meng Lei analyzed that some investors are observing the economic recovery of the mainland and waiting for the policy signal of the March of the March.
Meng Lei expects that with the emergence of more evidence of economic recovery, it is expected that the net inflow of the north will reach more than 300 billion yuan this year.
