Markets· Equity

Hong Kong Stock Connect: RMB 12.2 bln net outflow from Mainland China, top gainer non-ferrous metal attracted RMB 98 mln

minutes 2020/09/25 01:55:19

Sep 25, 2020 (China Knowledge) - Yesterday Shanghai Composite Index closed down 1.72% at 3223.18, and over at Shenzhen the main benchmark index declined 2.24%, both trading volumes totaled RMB 679.3 bln, up 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 83.7 bln, or 12.32% of the Mainland exchanges’ total trading.

Through the stock connect program investors from Hong Kong long RMB 35.7 bln of A-shares, and short RMB 47.9 bln, resulting a net outflow of RMB 12.2 bln. Of all the qualified 1,379 A-shares on this program, there were 83 gainers, 1,285 losers, and 11 remained unchanged.

The top 10 most actively traded shares by value were: Kweichow Moutai (600519), Ping An Insurance of China (601318), Wuliangye Yibin (000858), Longi Green Energy Technology (601012), Luxshare Precision Industry (002475), China Tourism Group Duty Free Corp. (601888), East Money Information (300059), Chongqing Zhifei Biological Products (300122), Sungrow Power Supply (300274), and Gree Electric Appliances (000651).

The 3 most popular sectors with the highest net investment via the Stock Connect program were non-ferrous metal, construction materials and conglomerate, registering RMB 98 mln, RMB 42 mln and RMB 5 mln, respectively.

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