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Markets · Equity
Hong Kong Stock Connect: RMB 1.5 bln net outflow from Mainland China, top gainer electronics attracted RMB 1.4 bln
2020/07/28 01:39:50

Jul 28, 2020 (China Knowledge) - Yesterday Shanghai Composite Index closed up 0.26% at 3205.23, and over at Shenzhen the main benchmark index rose 0.32%, both trading volumes totaled RMB 927.2 bln, down 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 125.2 bln, or 13.51% of the Mainland exchanges’ total trading.

Through the stock connect program investors from Hong Kong long RMB 61.9 bln of A-shares, and short RMB 63.4 bln, resulting a net outflow of RMB 1.5 bln. Of all the qualified 1,378 A-shares on this program, there were 611 gainers, 722 losers, and 45 remained unchanged.

The top 10 most actively traded shares by value were: Ping An Insurance of China (601318), China Tourism Group Duty Free Corp. (601888), Kweichow Moutai (600519), East Money Information (300059), Luxshare Precision Industry (002475), Contemporary Amperex Technology (300750), Wuliangye Yibin (000858), Hangzhou Hikvision Digital Technology (002415), Gree Electric Appliances (000651), and Jiangsu Hengrui Medicine (600276).

The 3 most popular sectors with the highest net investment via the Stock Connect program were electronics, food & beverage and military, registering RMB 1.4 bln, RMB 1.1 bln and RMB 629 mln, respectively.

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