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<Research>HTSC Anticipates IFBH, ZHOU LIU FU & 17 Other Stocks to Be Included in Southbound Stock Connect in Early Sep
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IFBH (06603.HK), a parent company of the coconut water brand if, opened up 2% this morning (2nd) and last surged by nearly 8% to HKD42.65, with a turnover of HKD258 million. In contrast, ZHOU LIU FU (06168.HK) retreated after hitting a new high. It last traded at HKD46.8, down 3.4%.

In Huatai Securities' estimates, the following 19 stocks will be included in Southbound Stock Connect in early September: UNISOUND (09678.HK), TIME INTERCON (01729.HK), NANSHAN AL INTL (02610.HK), DUALITYBIO-B (09606.HK), MIRXES-B (02629.HK), BAYZED HEALTH (02609.HK), TRANSTHERA-B (02617.HK), BRAINAURORA-B (06681.HK), ZENERGY (03677.HK), CONANT OPTICAL (02276.HK), BRETON (01333.HK), CAOCAO INC (02643.HK), ZHOU LIU FU (06168.HK), XXF (02473.HK), COUNTRY GARDEN (02007.HK), ENVISION GREEN (01783.HK), IFBH (06603.HK), AUNTEA JENNY (02589.HK), and CHINA FOODS (00506.HK).

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For A+H dual-listed stocks, as their Hong Kong shares can be included in Southbound Stock Connect immediately after the price stabilization period ends without need to wait for the regular adjustment, HAITIAN FLAV (03288.HK) and SANHUA (02050.HK) are also estimated to be included in Stock Connect even earlier, on July 17 and July 21, respectively.
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