Markets· Equity

Hong Kong Stock Connect: RMB 1.3 bln net inflow into Mainland China, top gainer electronics attracted RMB 667 mln

minutes 2020/09/14 01:33:54

Sep 14, 2020 (China Knowledge) - Last Friday, Shanghai Composite Index closed up 0.79% at 3260.35, and over at Shenzhen the main benchmark index rose 1.57%, both trading volumes totaled RMB 684.5 bln, down 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 84.8 bln, or 12.38% of the Mainland exchanges’ total trading.

Through the stock connect program investors from Hong Kong long RMB 43 bln of A-shares, and short RMB 41.7 bln, resulting a net inflow of RMB 1.3 bln. Of all the qualified 1,380 A-shares on this program, there were 1,003 gainers, 320 losers, and 57 remained unchanged.

The top 10 most actively traded shares by value were: Kweichow Moutai (600519), Wuliangye Yibin (000858), China Tourism Group Duty Free Corp. (601888), Luxshare Precision Industry (002475), TCL Corp. (000100), Longi Green Energy Technology (601012), East Money Information (300059), Goertek Inc. (002241), Jiangsu Hengrui Medicine (600276), and Ping An Insurance of China (601318).

The 3 most popular sectors with the highest net investment via the Stock Connect program were electronics, military and leisure service, registering RMB 667 mln, RMB 557 mln and RMB 288 mln, respectively.

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