Highlights
- Businesses expected to benefit from proposed tax reduction in the Mainland. CES China A80 Index (CESA80) rose 4.2 per cent
- Semiconductor manufacturers’ expected listing on Technology Innovation Board lifted CESCSC by 15.3 per cent
- Capital flows into emerging markets after US put interest rate hikes on hold
- Dacheng CES Stock Connect 300 Index Fund saw net subscription of almost RMB2 billion upon launch
- Inclusion of Chinese bonds into three major global bond indexes expected to bring capital inflow of US$250 billion to US$300 billion
- Single-day net capital outflow under Stock Connect’s Northbound Trading set second highest record
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