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Markets · Equity
Hong Kong Stock Connect: RMB 16.4 bln net outflow from Mainland China, top gainer agriculture attracted RMB 505 mln
2020/07/27 01:30:46

Jul 27, 2020 (China Knowledge) - Last Friday, Shanghai Composite Index closed down 3.86% at 3196.77, and over at Shenzhen the main benchmark index declined 5.31%, both trading volumes totaled RMB 1.3 trln, up 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 163.5 bln, or 12.25% of the Mainland exchanges’ total trading.

Through the stock connect program investors from Hong Kong long RMB 73.6 bln of A-shares, and short RMB 89.9 bln, resulting a net outflow of RMB 16.4 bln. Of all the qualified 1,378 A-shares on this program, there were 62 gainers, 1,310 losers, and 6 remained unchanged.

The top 10 most actively traded shares by value were: Kweichow Moutai (600519), Ping An Insurance of China (601318), China Tourism Group Duty Free Corp. (601888), Wuliangye Yibin (000858), Gree Electric Appliances (000651), Contemporary Amperex Technology (300750), East Money Information (300059), Luxshare Precision Industry (002475), Jiangsu Hengrui Medicine (600276), and Muyuan Foods (002714).

The 3 most popular sectors with the highest net investment via the Stock Connect program were agriculture, construction materials and real estate, registering RMB 505 mln, RMB 236 mln and RMB 210 mln, respectively.

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