Northbound Investors Record 14.57 Billion HKD Net Outflow on July 17, Hong Kong Stock ETFs Rebound

According to Zhitong Finance, on July 17, northbound investors recorded a net outflow of 14.57 billion Hong Kong dollars in Hong Kong stock market trading. Among these, Shanghai-Hong Kong Stock Connect saw net inflows of 19.1 billion HKD, while Shenzhen-Hong Kong Stock Connect recorded net outflows of 33.67 billion HKD.

Top stocks receiving northbound net inflows were Tracker Fund of Hong Kong (02800) with 29.75 billion HKD, Fidelity Nan Fang HSI Tech ETF (03033) with 9.71 billion HKD, and Xiaomi (01810) with 3.22 billion HKD. Stocks facing the heaviest net selling included Alibaba (09988) with 24.51 billion HKD, Huahong Semiconductor (01347) with 19.38 billion HKD, and Ittri Laminate (01888) with 16.38 billion HKD.