6 months ago
China A-share investor sentiment improves, trading volumes rise
Investing.com -- Chinese A-share investor sentiment showed improvement as of August 13, with both weighted and simple Morgan Stanley A-Share Sentiment Indicators (MSASI) rising significantly compared to the previous week.
The weighted MSASI increased by 7 percentage points to 123%, while the simple MSASI rose by 9 percentage points to 118% versus the August 6 cutoff date.
Trading activity saw substantial growth across multiple market segments. Average daily turnover for ChiNext jumped 28% to 713 billion yuan, while A-shares overall experienced a 31% increase to 2.458 trillion yuan compared to the August 7-13 cycle.
Equity futures trading volume grew by 39% to 387 billion yuan, and Northbound trading rose 19% to 139 billion yuan during the same period.
The 30-day Relative Strength Index (RSI-30D) increased by 4 percentage points compared to August 13. Consensus earnings estimate revision breadth remained negative but showed slight improvement from the previous week.
Southbound flows continued to be positive, with net inflows of $5.4 billion between August 14-20. Year-to-date net inflows reached $120.3 billion, while month-to-date inflows totaled $9.9 billion.
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