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Markets · Equity
Hong Kong Stock Connect: RMB 11.3 bln net inflow into Mainland China, top gainer electronics attracted RMB 3 bln
2020/10/12 01:45:15

Oct 12, 2020 (China Knowledge) - Last Friday, Shanghai Composite Index closed up 1.68% at 3272.08, and over at Shenzhen the main benchmark index rose 2.96%, both trading volumes totaled RMB 711.3 bln, up 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 108.6 bln, or 15.28% of the Mainland exchanges’ total trading.

Through the stock connect program investors from Hong Kong long RMB 60 bln of A-shares, and short RMB 48.7 bln, resulting a net inflow of RMB 11.3 bln. Of all the qualified 1,379 A-shares on this program, there were 1,284 gainers, 81 losers, and 14 remained unchanged.

The top 10 most actively traded shares by value were: Kweichow Moutai (600519), China Tourism Group Duty Free Corp. (601888), Luxshare Precision Industry (002475), BYD (002594), Gree Electric Appliances (000651), Contemporary Amperex Technology (300750), Longi Green Energy Technology (601012), Wuliangye Yibin (000858), Ping An Insurance of China (601318), and East Money Information (300059).

The 3 most popular sectors with the highest net investment via the Stock Connect program were electronics, electrical equipment and automobile, registering RMB 3 bln, RMB 2.1 bln and RMB 1.4 bln, respectively.

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