May 22, 2020 (China Knowledge) - Yesterday Shanghai Composite Index closed down 0.55% at 2867.92, and over at Shenzhen the main benchmark index declined 0.94%, both trading volumes totaled RMB 626.2 bln, down 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 61.3 bln, or 9.79% of the Mainland exchanges’ total trading.
Through the stock connect program investors from Hong Kong long RMB 31.7 bln of A-shares, and short RMB 29.6 bln, resulting a net inflow of RMB 2.1 bln. Of all the qualified 1,285 A-shares on this program, there were 334 gainers, 911 losers, and 40 remained unchanged.
The top 10 most actively traded shares by value were: Kweichow Moutai (600519), Shenzhen Mindray Bio-Medical Electronics (300760), Jiangsu Hengrui Medicine (600276), Contemporary Amperex Technology (300750), Goertek Inc. (002241), Gree Electric Appliances (000651), Wuliangye Yibin (000858), Ping An Insurance of China (601318), Luxshare Precision Industry (002475), and Muyuan Foods (002714).
The 3 most popular sectors with the highest net investment via the Stock Connect program were health care, home appliance and machinery equipment, registering RMB 1.5 bln, RMB 660 mln and RMB 361 mln, respectively.
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