GuShiio.com ① The turnover of southbound funds on the same day was approximately HK$104.9 billion. Which stocks continue to flow into?
② Tencent’s capital outflow exceeded HK$2.4 billion. How high is the intensity of short-term holdings?
Cailian News, February 11 (Editor Feng Yi)According to Wind data, the turnover of southbound funds today was HK$104.950 billion, which has been shrinking in the past two days, which is about 47.8% of the total turnover of the Hang Seng Index today.
In addition, southbound funds sold a net of HK$8.898 billion throughout the day, which was a “change of face overnight” compared with the previous day’s massive increase in positions. The trading style was biased towards the short-term, and the long-short game was fierce. Among them, the net outflow of Shanghai-Hong Kong Stock Connect was approximately HK$1.697 billion, and the net outflow of Shenzhen-Hong Kong Stock Connect was approximately HK$7.201 billion. The Hang Seng Index also ushered in an adjustment after three consecutive positive days, falling more than 200 points within the day.
In terms of individual stocks, exchange data shows that on February 11, southbound funds:
Substantial net purchases: Geely Automobile (00175.HK) HK$480 million; China Mobile (00941.HK) HK$420 million.
Significant net sales: Tencent Holdings (00700.HK) 2.460 billion Hong Kong dollars; Meituan-W (03690.HK) 552 million Hong Kong dollars; SMIC International (00981.HK) 297 million Hong Kong dollars.
In addition, capital outflows from TraHK Fund (02800.HK) and Hang Seng China Enterprises (028.HK) today reached HK$5.019 billion and HK$3.184 billion respectively.
investment points
Geely Automobile fell 10.27% today. Short-term funds are still mainly outflows, reducing its holdings of 15.42 million shares in the first five days.
China Mobile fell 0.13% today. Short-term funds were still dominated by outflows, reducing its holdings of 13.62 million shares in the first five days.
Tencent Holdings fell 2.20% today, with short-term funds flowing out continuously, reducing its holdings of 6.21 million shares in the first five days.
Meituan-W fell 0.55% today. The short-term funding trend was unclear. It reduced its holdings of 400,000 shares in the first five days.
SMIC fell 5.23% today. Short-term funds were mainly outflows, and it reduced its holdings of 7 million shares in the first five days.
Note: Due to T+2 settlement on the Hong Kong Stock Exchange, the actual data is the first 5 days of forward deferred two trading days.
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