Jan 20, 2021 01:20 AM (GMT+8) · EqualOcean
Guosheng Securities pointed out that in recent years, Hong Kong stocks have continued to flow into the south. Especially in 2020, the cumulative net inflow of Hong Kong stock channel alone will be close to HK $700 billion, which largely offsets the impact of foreign capital outflow. In fact, the domestic southward capital has become the most important capital increment in the Hong Kong stock market and the ballast to determine the market performance. According to its calculation, in 2020, the proportion of funds from the mainland of China in the total transaction amount of Hong Kong stock market has increased to about 15%, accounting for 1 / 3 of the proportion of foreign funds in Hong Kong stock market. With the rapid inflow of southward funds into the Hong Kong stock market, southward funds are expected to repeat the process of northward funds affecting a shares in the past few years, snatch the pricing power of Hong Kong shares and become the decisive force influencing the performance of the Hong Kong stock market.

This text is a result of machine translation.