STOCKS | Baidu, Innovent, CSPC And Kuaishou Return To Southbound Top-Traded List

Baidu, Innovent Biologics, CSPC Pharmaceutical Group and Kuaishou re-entered the top 10 most-traded names in Southbound Trading via the Shenzhen link, according to ETNet. Baidu saw Southbound investors buy HK$1.757 billion and sell HK$22.06 million, for net buying of HK$1.735 billion. Innovent Biologics recorded HK$21.53 million in buys and HK$75.8 million in sells, for net selling of HK$73.7 million. CSPC Pharmaceutical Group had HK$175 million in buys and HK$52.7 million in sells, for net selling of HK$35.2 million. Kuaishou posted HK$172 million in buys and HK$46.3 million in sells, for net selling of HK$29.1 million. Separately, Yangtze Optical Fibre and Cable saw a sharp jump in Southbound turnover through the Shanghai link, with combined buy and sell turnover of HK$3.821 billion and net selling of HK$487 million.