Shanghai-HK, Shenzhen-HK Connect Northbound Trades Hit 2-Year High After China's National Day
Xu Wei
DATE:  Oct 10 2017
/ SOURCE:  Yicai
Shanghai-HK, Shenzhen-HK Connect Northbound Trades Hit 2-Year High After China's National Day Shanghai-HK, Shenzhen-HK Connect Northbound Trades Hit 2-Year High After China's National Day

(Yicai Global) Oct. 10 -- Net purchases via northbound trading via the Shanghai-Hong Kong and Shenzhen-Hong Kong stock connects totaled USD1.16 billion (CNY7.68 billion) yesterday, the highest level since Dec. 5, 2016 when the Shenzhen-Hong Kong stock link opened and the biggest daily net purchase since August 2015, per Hong Kong Stock Exchange data.

Net purchases reached record highs of CNY3 billion in northbound trading through the Shenzhen-Hong Kong stock connect, and stood at CNY4.7 billion via northbound trading through the link between Shanghai and Hong Kong, a zenith since August 2016.

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Keywords:   Stock Connect,Hong Kong