State Administration of Foreign Exchange: In May, foreign holdings of domestic stocks increased further than the previous month

On June 17, Li Bin, deputy director and spokesperson of the State Administration of Foreign Exchange, answered a reporter's question on the situation of the foreign exchange market in May 2025. Li Bin said that in May, the domestic foreign exchange supply and demand were generally balanced, and the foreign exchange market operated smoothly. First, cross-border funds continued to have a net inflow. In May, cross-border funds from non-banking sectors such as enterprises and individuals had a net inflow of 33 billion US dollars. Among them, the net inflow of funds from trade in goods remained at a relatively high level, foreign capital holdings of domestic stocks further increased compared with the previous month, and the net outflow of funds such as service trade, dividends and dividends of foreign-invested enterprises, and foreign direct investment generally remained stable. Second, market expectations were stable. In May, banks' foreign exchange settlement and sales turned to a surplus. Enterprises and individuals' willingness to settle foreign exchange was stable,