Hong Kong Stock Connect: RMB 20.6 bln net inflow into Mainland China, top gainer electronics attracted RMB 2.3 bln
Jan 11, 2021 (China Knowledge) - Last trading day Shanghai Composite Index closed down 0.17% at 3570.11, and over at Shenzhen the main benchmark index declined 0.24%, both trading volumes totaled RMB 1.1 trln, down 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 159.9 bln, or 14.12% of the Mainland exchanges’ total trading.
Through the stock connect program investors from Hong Kong long RMB 90.2 bln of A-shares, and short RMB 69.6 bln, resulting a net inflow of RMB 20.6 bln. Of all the qualified 1,441 A-shares on this program, there were 787 gainers, 616 losers, and 38 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), Contemporary Amperex Technology (300750), Longi Green Energy Technology (601012), BYD (002594), Ping An Insurance of China (601318), Luxshare Precision Industry (002475), East Money Information (300059), and China Merchants Bank (600036).
The 3 most popular sectors with the highest net investment via the Stock Connect program were electronics, banking and chemicals, registering RMB 2.3 bln, RMB 2.2 bln and RMB 1.8 bln, respectively.
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