Mainland investors more than 100 billion Hong Kong dollars funds support Hong Kong sto

The Hong Kong stock market has recently rebounded from a low level of more than 13 years. In the past more than a month, it has continuously bought Hong Kong stocks in mainland China, becoming a support for support.

According to Bloomberg, summary data shows that as of Tuesday (November 8), Chinese investors have bought Hong Kong stocks for 24 consecutive trading days through the Hong Kong Stock Connect.The number of days is the longest since February 2021, with a cumulative net purchase amount of nearly 120 billion Hong Kong dollars (S $ 21.38 billion).Bloomberg calculated that as of last Friday, Tencent, Meituan and other technology giants were bought the most. Among them, Tencent's net purchase amount exceeded HK $ 28 billion, and the Southern Hang Seng Technology ETF was also at the forefront.

With the market hype of China's epidemic prevention policy, the positive news of the audit of the Chinese stock market has been superimposed. As of the latest closing Hang Seng Technology Index, it has increased by more than 17%.Good monthly performance.Prior to this, it was impacted by multiple negative factors such as economic pressure, the Fed's tightening, and Sino -US relations under the China Epidemic Prevention and Creation policy, and the index was frequently launched in a new low since its launch.

Jiang Liangqing, the fund manager of Zhuhai Qingzhu, the private equity company, said: "We have long been full of Hong Kong stocks. One is indeed a lot of falling. The price is cheap.In the future, the Chinese economy has developed normally, they will also benefit the most. "

ETF transactions under the interconnection of mainland China and Hong Kong began in July this year, and the flow of funds of different products is still differentiated.During this round of south -directional buying process, Southern Hang Seng Technology ETF received more capital inflows, and the profitable fund was sold more than 1.6 billion Hong Kong dollars.Jiang Liangqing said that the Hong Kong stock ETF has the role of decentralized investment risk, which is also a choice for investors.

On Wednesday (November 9), the Hong Kong stock market fluctuated in the morning in the morning. The Hang Seng Index currently rose slightly by 0.2%, and the Hang Seng Technology Index rose by about 0.7%.