Southbound Funds Net Bought HK$8.92 Billion This Week; Yaojie Ankang-B Holdings Jumped 142.51%

Southbound funds recorded net purchases of HK$8.924 billion this week, adding positions aggressively while the index was at low levels, according to 36Kr. DataBao statistics showed 13 stocks saw southbound investors’ holdings rise more than 20% week on week. Yaojie Ankang-B ranked first with a 142.51% increase in holdings, followed by Guofu Quantum (up 83.57%), Biren Technology (up 52.95%), and KTG Group (up 40.42%).