Northbound Capital Trends | Northbound capital net purchases amounted to HKD 7.517 billion, with nearly HKD 6.2 billion …

On July 22, in the Hong Kong stock market, northbound capital had a net purchase of HKD 7.517 billion. Among them, the Shanghai-Hong Kong Stock Connect had a net purchase of HKD 3.838 billion, and the Shenzhen-Hong Kong Stock Connect had a net purchase of HKD 3.679 billion. Northbound capital significantly increased its holdings in the TRACKER FUND by nearly HKD 6.2 billion, while selling Alibaba and Tencent throughout the day. Galaxy Securities believes that the Hong Kong stock market is in a phase of repair, with capital inflow being the core driving force