Foreign equity outflow from Asia largest since 2011

SINGAPORE - Concerns over a slowdown in China and the Asian region more broadly have sparked the largest foreign equity outflows in a month since August 2011. The region's debt markets fared better, managing to attract inflows. However, the previous strong inflows into the Chinese debt market came to a halt in October.

An ANZ Bank research note says flows returned over the early part of November on hopes that US-China tensions would ease. "With the US mid-term elections now out of the way, the market's focus shifts to the Xi-Trump G20 meeting at the end of November," the note says.

"The outcome of the meeting will have an important influence on portfolio flows in Asia into the end of the year."   www.live.anz.com (ATI).