Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Investing.com - Morgan Stanley (NYSE:MS) reports that China A-share investor sentiment has improved compared to the previous cycle, according to recent market data.
The weighted Market Sentiment Indicator (MSASI) improved by 7 percentage points to 78%, while the simple MSASI increased by 8 percentage points to 65%, compared to the prior cutoff date of July 2.
Average daily turnover for ChiNext and A-shares dropped 11% and 7% to 405 billion yuan and 1,383 billion yuan, respectively, versus the previous cutoff cycle of June 26-July 2, while equity futures and Northbound turnover increased by 7% and 9%.
Southbound flows showed net inflows of US$2.7 billion over July 2-9, with year-to-date and month-to-date net inflows reaching US$95.8 billion and US$0.5 billion, respectively.
The publication of Northbound daily purchase and sales data was terminated as of August 19, 2024, as announced on July 26, 2024, by HKEX, Shanghai Stock Exchange, and Shenzhen Stock Exchange, with the last data made available on August 16, 2024.
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