Today, the net inflow of southbound capital reached 5 billion yuan in the first 10 minutes of trading.
On Monday, mainland funds continued to buy Hong Kong stocks on a frenzy, with a net inflow of HK $23 billion throughout the day, an all-time high. Since the beginning of this year, the cumulative purchase amount of southbound funds has exceeded 150 billion Hong Kong dollars, and the daily southward purchase of Hong Kong stocks has all exceeded 10 billion Hong Kong dollars.
The enthusiasm of southward funds to participate in Hong Kong stock transactions is rising! So which Hong Kong stocks have been bought by the frenzied influx of money?
Here are 10 varieties that have been bought by southward funds in the past month according to the statistics of Futu Information:
As can be seen from the picture above, over the past month, southward funds have frantically bought nearly 60 billion of Tencent, 38 billion of China Mobile Limited, 15 billion and 13 billion of CNOOC Limited and Semiconductor Manufacturing International Corporation, and nearly 10 billion of Meituan. The share prices of many of the above varieties have risen to new highs recently.
Related readings:
Fu Tu Research | 9 reasons to invest in Hong Kong stocks in 2021
Futuo Research | embrace core assets and buy Hong Kong stocks at the right time!
Edit / Phoebe