Foreign players keep faith in the A-share market

Biggest quota holder records $256m net capital inflow this week for ETFs

Foreign investors are sticking with the market and buying more A shares, according to analysts, optimistic of a further easing in the financial conditions, despite the China equity market undergoing an obvious correction over the past week.

The biggest foreign investment quota holder in China, Hong Kong-based CSOP Asset Management, said it has recorded 1.6 billion yuan ($256.4 million) of net capital inflow into its FTSE China A50 Exchange-Traded Fund account this week, the biggest influx of funds this year.