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Southbound Funds Net Sell HKD20.4B of Stocks Today, Setting Record High
Mainland Chinese investors sold off Hong Kong-listed stocks worth a total of HKD20.4 billion today (28th), marking a record high, Bloomberg reported. This suggested that Chinese in...
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Southbound Funds Net Sell HKD20.4B of Stocks Today, Setting Record High
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Mainland Chinese investors sold off Hong Kong-listed stocks worth a total of HKD20.4 billion today (28th), marking a record high, Bloomberg reported. This suggested that Chinese investors are returning to the A-share market amid the bullishness of Hong Kong stocks.

On the stock futures settlement day, the Hong Kong bourse subsided today, with the HSI slipping 202 points or 0.8% to close at 24,998; the HSCEI falling 103 points or 1.1% to close at 8,916; and the HSTECH fading 53 points or 0.9% to close at 5,644.

Related NewsDaiwa: HK Stocks See Slower Earnings Growth in 1H25; Upstream & TMT Sectors Robust, But Auto Sector Cools
The average monthly trading volume of Chinese stocks was estimated to reach a record high, indicating that retail investor interest remained strong.

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