Editor's note:“North-South Water Refresher”The section is dedicated to tracking the status of North-South water capital, which is a trend vane in market conditions, and studying the direction of the “smart money” layout.
The Hong Kong stock market officially came to an end in February. Southbound capital traded a total of HK$446.811 billion, with a net inflow of HK$24.526 billion, an increase of 8% over January, maintaining a net inflow for the 8th consecutive month.
Despite the influence of the Spring Festival holiday, due to continued southbound capital inflows after the holiday season, the net purchase scale of Hong Kong stocks in February was higher than in January when there were few trading days.
Specifically, Beishui bought major Chinese stocks to grab funds$CNOOC (00883.HK)$Over HK$5.4 billion, with separate increases in positions$CHINA MOBILE (00941.HK)$,$CHINA TELECOM (00728.HK)$Over HK$2.3 billion and HK$1.4 billion.
Furthermore, in February, there was a disagreement in the capital stock market and the purchase was made$MEITUAN-W (03690.HK)$Nearly HK$1.1 billion, Meituan recorded an increase of over 27% during this period; sell-off$TENCENT (00700.HK)$Nearly HK$4.2 billion.
In terms of net outflows, Beishui also drastically sold Hong Kong stock ETFs and sold them separately$TRACKER FUND OF HONG KONG (02800.HK)$,$Hang Seng H-Share Index ETF (02828.HK)$Over HK$2.9 billion and nearly HK$900 million.
Editor/Somer