Foreign capital returns to Southeast Asia: In January, it attracted over 700 million USD, and ASEAN stock markets may see consecutive net inflows of foreign capital for the first time in nearly 16 months

Since January this year, the emerging market stock markets in Southeast Asia have received over $719 million in net foreign inflows, with an additional inflow of $291 million in December last year. Indonesia, Thailand, and Malaysia have become the main destinations for capital inflows, attracting foreign investment due to their lower valuations and economic potential. Analysts point out that this is driven by valuation advantages, improvements in the macro environment, and a reduction in global investors' reliance on the dollar