The Shanghai-Hong Kong Stock Connect saw a small net sale today, with Kweichow Moutai being the top net buyer and BYD being the top net seller. In terms of sector main fund flows, the auto sector saw the largest net inflow. In terms of ETF turnover, the Hang Seng Tech Index ETF (513180) had the highest turnover. In terms of futures positions, the amount of short positions in IH and IF contracts decreased more than long positions. In terms of top picks, Jianghuai Automobile had the highest net inflow among the top ten stocks bought by main funds while Tongguang Electronic Wire&Cable, Kingswood Education Technology, and Xueda (Xiamen) Education Technology group had over 200 million RMB in net purchases by institutions and Fuzhou Liuyi Middle Road Business Department of China Merchants Securities bought over 80 million RMB of Xiamen King Long Motor Group. Tianyin Electromechanical had over 70 million RMB net buy-in by China Securities Beijing Guangqumen Street Business Department and a quantitative seat bought over 30 million RMB shares.

I. Top ten trading volumes of the Shanghai-Hong Kong Stock Connect

Northbound capital saw a net sale of 2.136 billion RMB throughout the day, with Shanghai-Hong Kong Stock Connect seeing a net purchase of 0.417 billion RMB and the Shenzhen-Hong Kong Stock Connect seeing a net sale of 2.553 billion RMB.

Most of the top ten transactions on the Shanghai-Hong Kong Stock Connect saw net sales, with Kweichow Moutai being the only net buyer and the net purchases of all other stocks being less than one hundred million RMB.

BYD and Contemporary Amperex Technology were the top two net sellers, with the latter experiencing net selling for six consecutive trading days with Midea Group and Gree Electric Appliances also experiencing net selling.

II. Bulk orders of individual stocks in different sectors

In terms of sector performance, communications equipment, civilian explosives, commercial aerospace, and power grid equipment had the highest increases in value, while CRO, pork, online car-hailing, and tourism had the highest decreases in value.

Automobile manufacturers saw continuous net inflows from main funds and had the largest net inflow overall.

In terms of sector main capital outflow, main capital of the pharmaceutical sector has the largest outbound flow.

Among the top ten stocks in terms of main fund net inflow, automobile stocks were the most common, with Jianghuai Automobile having the largest net inflow overall.

As for the top ten outflow individual stocks by major capital, the sectors were also diverse, with Baic Bluepark New Energy Technology having the highest net outflow.

III. ETF trading

The Hang Seng Tech Index ETF (513180) had the highest turnover among the top ten ETFs in terms of turnover, while two other Hang Seng Index ETFs and three Nasdaq-related ETFs were also among the top ten in terms of turnover.

From the top ten ETFs in terms of month-on-month increase in trading volume, the Education ETF (513360) ranked first with a month-on-month increase of 156%, and three Hang Seng Tech Index ETFs were among the top ten.

IV. Futures positions

In terms of the four major futures contracts, both long and short positions decreased for the IH, IF, and IM contracts, with the amount of short positions in IH and IF contracts decreasing more than long positions. The IC contract saw a slight increase in long positions and a slight decrease in short positions.

V. Dragon-Tiger List

1. Institutions

In terms of institutional activity from top picks, Tongguang Electronic Wire&Cable and Kingswood Education Technology had over 200 million RMB in net purchases while Xueda (Xiamen) Education Technology Group had over 0.15 billion RMB in net sales from institutions, and Zhaobang Shares and Xiamen King Long Motor Group had over 20 million RMB in net sales from institutions.

In terms of institutional activity from top picks, Tongguang Electronic Wire&Cable and Kingswood Education Technology had over 200 million RMB in net purchases while Xueda (Xiamen) Education Technology Group had over 0.15 billion RMB in net sales from institutions, and Zhaobang Shares and Xiamen King Long Motor Group had over 20 million RMB in net sales from institutions.

2. Institutional investors

First-tier game funds have become more active. Xiamen King Long Motor Group received more than 80 million yuan of buy from the Fuzhou Liu Yi Middle Road Business Department of China Merchants Securities; Changshu Tianyin Electromechanical, a commercial aerospace concept stock, received more than 70 million yuan of buy from the Beijing Guangqumen Inner Street Business Department of China Securities Co., Ltd.; Offcn Education Technology obtained more than 40 million yuan of buy from the Shanghai Wanping South Road Business Department of Huaxin Securities.

Quantitative funds are moderately active. Changshu Tianyin Electromechanical obtained more than 30 million yuan of buy from a quantitative trader.