Hong Kong’s monetary base jumped to HK$1,237b

On the back of higher fund inflows from Hong Kong.

According to CCB International, Hong Kong’s monetary base rose slightly, by HK$0.2b over the past week to reach HK$1,237b. Hong Kong’s 10-year treasury yield followed the downward trend of the US 10-year Treasury yield, falling slightly to 2.65% by the end of last week, down from 2.73% the week before.

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Net fund inflows to China and Hong Kong market. EPFR’s weekly report showed fund inflows from China’s equity market continued, moving from a net inflow of US$330m last week to a US$310m net inflow this week.

Fund inflows from Hong Kong rose to US$73m this week (ended 18 September) from a net inflow of US$72m the week before. Meanwhile, funds also flowed into the US and Japanese equity markets.