Net inflow of funds into the south has exceeded HKD 1.3 trillion since the beginning of the year.

Recently, southbound funds have continued to flow into the Hong Kong stock market. Wind data shows that on November 11, southbound funds net inflow through the Hong Kong Stock Connect was 4.467 billion Hong Kong dollars, with a total net inflow of over 1.3 trillion Hong Kong dollars so far this year; the cumulative net inflow since the opening of the Hong Kong Stock Connect has also exceeded 5 trillion Hong Kong dollars, setting a record high since the establishment of the mutual market access mechanism. Analysts believe that southbound funds are increasingly becoming a key driving force for the restructuring of liquidity structure and valuation system in the Hong Kong stock market. In the future, various factors such as optimization of the mutual market access mechanism at the policy level, improvement of tax policies, and the listing of quality assets in Hong Kong will continue to attract long-term capital from the mainland; the simultaneous expansion of public funds, insurance funds, social security funds, pension funds, enterprise annuities, and financial subsidiaries will jointly improve the liquidity of the Hong Kong stock market.