The Zhitong Finance App learned that Bank of America's latest customer fund flow data shows that its customers bought US stocks for the second consecutive week last week. The capital inflow was the highest since mid-July, and became the bank's sixth largest single weekly net inflow since the bank began counting weekly data in 2008. Notably, this round of buying mainly comes from institutional investors and hedge funds, while private clients have been net selling US stocks for the sixth week in a row. At the same time, capital is being re-skewed towards growth sectors such as technology, indicating that risk appetite among large professional investors is picking up.

The Zhitong Finance App learned that Bank of America's latest customer fund flow data shows that its customers bought US stocks for the second consecutive week last week. The capital inflow was the highest since mid-July, and became the bank's sixth largest single weekly net inflow since the bank began counting weekly data in 2008. Notably, this round of buying mainly comes from institutional investors and hedge funds, while private clients have been net selling US stocks for the sixth week in a row. At the same time, capital is being re-skewed towards growth sectors such as technology, indicating that risk appetite among large professional investors is picking up.