Markets· Equity

Hong Kong Stock Connect: RMB 2.2 bln net outflow from Mainland China, top gainer agriculture attracted RMB 1.2 bln

minutes 2020/07/29 01:50:47

Jul 29, 2020 (China Knowledge) - Yesterday Shanghai Composite Index closed up 0.71% at 3227.96, and over at Shenzhen the main benchmark index rose 1.31%, both trading volumes totaled RMB 898 bln, down 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 113.4 bln, or 12.63% of the Mainland exchanges’ total trading.

Through the stock connect program investors from Hong Kong long RMB 55.6 bln of A-shares, and short RMB 57.8 bln, resulting a net outflow of RMB 2.2 bln. Of all the qualified 1,378 A-shares on this program, there were 937 gainers, 392 losers, and 49 remained unchanged.

The top 10 most actively traded shares by value were: Kweichow Moutai (600519), Wuliangye Yibin (000858), Luxshare Precision Industry (002475), Ping An Insurance of China (601318), East Money Information (300059), China Tourism Group Duty Free Corp. (601888), Contemporary Amperex Technology (300750), Hangzhou Hikvision Digital Technology (002415), Jiangsu Hengrui Medicine (600276), and Muyuan Foods (002714).

The 3 most popular sectors with the highest net investment via the Stock Connect program were agriculture, food & beverage and non-ferrous metal, registering RMB 1.2 bln, RMB 1 bln and RMB 215 mln, respectively.

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