JPMorgan-China Equity Flow Monitor September 17, 2024-110396218

Global Quantative & Derivatives StrategySeptember 17, 2024Xipu HanAC +852 2800 1029 xipu.han@jpmorgan.comHaoshun Liu +852 2800 7736 haoshun.liu@jpmorgan.comData as of September 13, 2024Tony Lee +852 2800 8857 tony.sk.lee@jpmorgan.comSources for data: J.P. Morgan, Bloomberg Finance L.P., Hong Kong Exchange, CEICJ.P. Morgan Securities (Asia Pacific) Limited /J.P. Morgan Broking (Hong Kong) Limited($bn) Daily TurnoverCurr vs($bn) Total Open InterestCurr vsCurr1W Avg3M Avg12M Avg12M AvgCurrent1W Avg3M Avg12M Avg12M AvgHong KongFutures143.8145.1158.5176.1-18%Cash Total11.413.512.613.0-12% HSI14.814.817.216.9-13% Warrants0.60.60.60.6-1% HSCEI12.012.217.721.1-43% CBBC0.60.70.60.523% CSI 30032.232.133.036.7-12%Futures13.413.919.921.5-37% SGX A509.59.410.710.9-13% HSI9.89.913.514.8-34% CSI 50030.931.432.839.8-22% HSCEI3.64.06.36.6-46% CSI 100034.935.936.938.7-10%Listed Options5.95.65.86.5-8% SSE 509.59.410.112.1-21% HSI3.93.33.53.82%Listed Options**123.5120.6121.7133.8-8% HSCEI2.02.32.32.7-24% HSCEI53.151.954.267.2-21%China A HSI22.821.321.620.412%Cash Total69.368.981.6103.1-33% SSE 502.63.15.05.8-55% Shanghai27.527.933.241.0-33% CSI 30018.518.216.818.21% Shenzhen41.941.048.462.1-33% CSI 50011.811.411.09.622%Futures50.450.152.059.8-16% CSI 100014.814.813.112.617% CSI 30012.611.912.114.3-12% CSI 50011.511.611.313.1-12% CSI 100018.419.719.922.1-17%($bn)ETF (by Geographic Exposure) SSE 505.34.44.65.7-7%AUM1W flow3M flowAvg Daily T/O MSCI China A500.60.40.40.7-8%China Onshore - onshore listed238.82.547.91.7 SGX A502.12.03.74.0-48% - offshore listed9.00.0-1.50.2China Offshore20.6-0.4-3.01.3Hong Kong20.6-0.31.51.1China Onshore Equity Cash Turnover ($bn) - 5D Moving AverageHong Kong Equity Cash Turnover ($bn) - 5D Moving AverageFutures Turnover ($bn) - 1M Moving AverageFutures Open Interest ($bn) - 1M Moving AverageOptions Turnover ($bn) - 1M Moving AverageOptions Open Interest ($bn) - 1M Moving AverageThis material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. MorganChina Equity Flow MonitorCash and Derivatives LiquiditySee Page 15 for analyst certification and important disclosures, including non-US analyst disclosures. J.P. Morgan does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. Please note any long form nomenclature for references to China; Hong Kong; Taiwan; and Macau within this