STOCKS | Southbound Funds Post Net Sale of 2.43 Billion Yuan

Southbound funds recorded a net sale of 2.43 billion yuan (24.26亿元) today. According to Jin10, via Shanghai Stock Connect, Kingboard Laminates and ZTE posted net sales of 334 million Hong Kong dollars (3.34亿港元) and 26 million Hong Kong dollars (0.26亿港元), respectively, while SMIC led net buying at 943 million Hong Kong dollars (9.43亿港元). Via Shenzhen Stock Connect, SMIC and Lenovo Group saw net sales of 3.73 billion Hong Kong dollars (37.26亿港元) and 539 million Hong Kong dollars (5.39亿港元), respectively, while Tencent led net buying at 940 million Hong Kong dollars (9.4亿港元).