Markets· Equity

Hong Kong Stock Connect: RMB 3.1 bln net outflow from Mainland China, top gainer non-ferrous metal attracted RMB 283 mln

minutes 2020/09/15 01:56:48

Sep 15, 2020 (China Knowledge) - Yesterday Shanghai Composite Index closed up 0.57% at 3278.81, and over at Shenzhen the main benchmark index rose 0.61%, both trading volumes totaled RMB 769.5 bln, up 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 87.5 bln, or 11.38% of the Mainland exchanges’ total trading.

Through the stock connect program investors from Hong Kong long RMB 42.2 bln of A-shares, and short RMB 45.3 bln, resulting a net outflow of RMB 3.1 bln. Of all the qualified 1,380 A-shares on this program, there were 835 gainers, 490 losers, and 55 remained unchanged.

The top 10 most actively traded shares by value were: Kweichow Moutai (600519), Ping An Insurance of China (601318), Wuliangye Yibin (000858), Luxshare Precision Industry (002475), Shenzhen Mindray Bio-Medical Electronics (300760), Contemporary Amperex Technology (300750), Inner Mongolia Yili Industrial Group (600887), Longi Green Energy Technology (601012), Muyuan Foods (002714), and Walvax Biotechnology (300142).

The 3 most popular sectors with the highest net investment via the Stock Connect program were non-ferrous metal, IT hardware and software and utility, registering RMB 283 mln, RMB 266 mln and RMB 251 mln, respectively.

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