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Markets · Equity · Investment
Hong Kong Stock Connect: RMB 6.4 bln net outflow from Mainland China, top gainer electronics attracted RMB 990 mln
CKN
2021/01/29 01:59:13
6,698

Jan 29, 2021 (China Knowledge) - Yesterday Shanghai Composite Index closed down 1.91% at 3505.18, and over at Shenzhen the main benchmark index declined 3.25%, both trading volumes totaled RMB 915.6 bln, down 21.07% from the previous trading day. The turnover value transacted via the Hong Kong Stock Connect amounted to RMB 120.6 bln, or 13.17% of the Mainland exchanges’ total trading.

Through the stock connect program investors from Hong Kong long RMB 57.1 bln of A-shares, and short RMB 63.5 bln, resulting a net outflow of RMB 6.4 bln. Of all the qualified 1,459 A-shares on this program, there were 262 gainers, 1,161 losers, and 36 remained unchanged.

The top 10 most actively traded shares by value were: Kweichow Moutai (600519), Luxshare Precision Industry (002475), Wuliangye Yibin (000858), Boe Technology Group (000725), Contemporary Amperex Technology (300750), Tongwei Co. (600438), East Money Information (300059), Longi Green Energy Technology (601012), Ping An Insurance of China (601318), and Sungrow Power Supply (300274).

The 3 most popular sectors with the highest net investment via the Stock Connect program were electronics, media and chemicals, registering RMB 990 mln, RMB 309 mln and RMB 261 mln, respectively.

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