Markets· Equity

Hong Kong Stock Connect: RMB 3.3 bln net inflow into Mainland China, top gainer automobile attracted RMB 718 mln

minutes 2020/09/16 02:01:20

Sep 16, 2020 (China Knowledge) - Yesterday Shanghai Composite Index closed up 0.51% at 3295.68, and over at Shenzhen the main benchmark index rose 0.93%, both trading volumes totaled RMB 725.5 bln, down 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 82.6 bln, or 11.38% of the Mainland exchanges’ total trading.

Through the stock connect program investors from Hong Kong long RMB 42.9 bln of A-shares, and short RMB 39.6 bln, resulting a net inflow of RMB 3.3 bln. Of all the qualified 1,380 A-shares on this program, there were 749 gainers, 570 losers, and 61 remained unchanged.

The top 10 most actively traded shares by value were: Ping An Insurance of China (601318), BYD (002594), Changchun High & New Technology Industires (000661), Kweichow Moutai (600519), Wuliangye Yibin (000858), Inner Mongolia Yili Industrial Group (600887), Luxshare Precision Industry (002475), Longi Green Energy Technology (601012), China Tourism Group Duty Free Corp. (601888), and Contemporary Amperex Technology (300750).

The 3 most popular sectors with the highest net investment via the Stock Connect program were automobile, electrical equipment and machinery equipment, registering RMB 718 mln, RMB 652 mln and RMB 425 mln, respectively.

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