Hong Kong and China saw $44.3 billion in net fund inflows between April and late July, reversing an earlier trend of outflows during the first three months of the year, Hong Kong's The Standard reported Monday.
The region recorded $10.6 billion in net outflows during the January to March period, according to the report.
The reversal reportedly marks confidence in Hong Kong's asset and wealth management markets, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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