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Investing.com -- China A-share investor sentiment showed improvement compared to the previous cycle as of July 23, with both weighted and simple MSASI rising by 5 and 4 percentage points to 95% and 87% respectively.
Average daily turnover for ChiNext increased by 4% to 470 billion yuan, while A-shares turnover rose 11% to 1,806 billion yuan compared to the July 17-23 cycle. Northbound trading turnover also grew by 9% to 117 billion yuan.
In contrast, equity futures turnover decreased by 3% versus the prior cycle.
The RSI-30D indicator showed a slight improvement of 1 percentage point compared to July 23. Consensus earnings estimate revision breadth remained in negative territory but showed minor improvement from the previous week.
Southbound trading recorded net inflows of $7.4 billion between July 24-31. Year-to-date net inflows reached $108.8 billion, while month-to-date inflows totaled $15.6 billion.
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