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Markets · Equity
Hong Kong Stock Connect: RMB 1.1 bln net outflow from Mainland China, top gainer banking attracted RMB 1.4 bln
2021/02/23 06:00:47

Feb 23, 2021 (China Knowledge) - Yesterday Shanghai Composite Index closed down 1.45% at 3642.44, and over at Shenzhen the main benchmark index declined 3.07%, 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 162.6 bln, or 12.57% of the Mainland exchanges’ total trading.

Through the stock connect program investors from Hong Kong long RMB 80.8 bln of A-shares, and short RMB 81.9 bln, resulting a net outflow of RMB 1.1 bln. Of all the qualified 1,472 A-shares on this program, there were 740 gainers, 708 losers, and 24 remained unchanged.

The top 10 most actively traded shares by value were: Kweichow Moutai (600519), China Tourism Group Duty Free Corp. (601888), Wuliangye Yibin (000858), Sungrow Power Supply (300274), Zijin Mining Group (601899), Midea Group (000333), East Money Information (300059), Luzhou Laojiao (000568), Contemporary Amperex Technology (300750), and Ping An Insurance of China (601318).

The 3 most popular sectors with the highest net investment via the Stock Connect program were banking, electrical equipment and agriculture, registering RMB 1.4 bln, RMB 743 mln and RMB 740 mln, respectively.

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