China to end live feed on gauge of foreign flows into stocks
From The Edge Malaysia: 2024-04-15 06:16:16
China will stop displaying real-time data for stock market flows through Hong Kong. Data will be provided after daily sessions, aligning with global exchanges. Regulators aim to stabilize market after foreign funds pulled out last year. Daily average of mainland stocks via exchange links accounts for 14% of total turnover.
Investors will have one less window into market with this change. Chinese stocks rose due to Beijing’s regulatory support. Taiwan, South Korea, and Japan have different disclosure practices for foreign stock flow. Real-time quota data to be published when over 70% used. Foreigners bought a net 8.1 billion yuan worth of shares.
Regulators targeting speculative trading by limiting intraday data access. State-backed funds from Hong Kong analyzed using stock-connect data. Ownership data of individual companies through trading links to be updated quarterly. Mainland investors’ holdings in Hong Kong stocks continue to be released daily. Bloomberg calculates net flows based on real-time exchange data.
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