Emerging Market Links + The Week Ahead (June 22, 2026)Record China-HK Stock Connect volumes, Chinese offshore wealth shifts to Singapore/Middle East, "blockbuster" Jio IPO filed, Colombian elections, EM stock picks & the week ahead for emerging markets.Jun 22, 202611Share

One quick note: Last week,Caixinreported thatForeign Demand for Mainland Stocks Drives Record Stock Connect Volumeswhile at the same time noting in a separate article thatChinese Offshore Wealth Shifts to Singapore, Middle East:

Chinese households are reshaping their global portfolios,moving beyond a traditional reliance on Hong Kong and the U.S., as well as basic bonds and equities, to embrace new wealth hubs and alternative assets.

The structural shakeup,detailed in a report released Wednesday by China Everbright Bank Co. Ltd.,highlights a growing sophistication among domestic investors seeking to mitigate single-market volatility. [I can’t find a copy of the report online & its probably in Chinese IF posted somewhere]

Its interesting how more foreign money would be moving into Chinese stocks/markets just when Chinese themselves are trying to distance their wealth from both China (Hong Kong) and the USA. And I know its also been reported (as least in alt-finance podcasts) that Middle East money is now flowing toward Hong Kong/Singapore, etc. given the on again off again war there while the “smart money” has been trying to get out of Europe before any capital controls get put in place (and capital controls always happen in war time)…

[Again, ourFrontier & Emerging Market Stock Indexhas around 3,300 stocks (including 436 fromChinaand 106 fromHong Kong) plus there are numerous other non-USA/Western European stocks not indexed that can be found via searching this Substack…]