Southbound funds are buying at a record pace! The shareholding of 3 stocks has doubled compared to the previous period.

This week, the main stock indexes in the Hong Kong stock market continued to fluctuate, with the Hang Seng Index rising by 1.65%, the Hang Seng Tech Index rising by 1.52%, and the Hang Seng China Enterprises Index rising by 1.62%. According to statistics, the total net inflow of southbound funds this week was 38.121 billion Hong Kong dollars, an increase of 75.26% compared to last week. On August 15, the net inflow was 35.876 billion Hong Kong dollars in a single day, hitting a historical high, while the Hang Seng Index fell by 0.98% that day but still saw net inflows of southbound funds against the market trend. Looking at the list of the top ten most active stocks each day this week, a total of 21 stocks made the list. Tencent Holdings had the highest total turnover in the Hong Kong Stock Connect this week, reaching 32.149 billion Hong Kong dollars; Alibaba-W and SMIC had buy-sell total turnover exceeding 20 billion Hong Kong dollars this week. In terms of changes in shareholding, 19 stocks saw a growth of over 10% in southbound fund shareholding this week, with companies such as Sinophi Hydrogen, Blue Think Technology, and Peakstone Technology seeing their shareholding increase by over 100%, indicating significant increase in southbound fund positions. Other companies such as Delong Holdings and Replun Royal saw increases of over 40% in their shareholding amounts.