September 4, 2025 09:00 PM GMT China Equity Strategy | Asia Pacific Positions of Active Long-only Managers in China/HK Foreign inflows into Chinese equities eased to US$0.9bn in August, driven by US$1.4bn from passive funds,; active funds had US$0.5bn outflow – the lowest since mid-2023. LO funds trimmed underweighting in China. Key Takeaways A-share liquidity points to stronger HNWI engagement, with retail activity up slightly but still well below peaks. Foreign-domiciled long-only fund flows: Our analysis ...