Southbound Stock Connect
Coverage of Southbound Stock Connect in the Nexus archive.
- Chinese funds cut Hong Kong stock holdings to 2-year low despite strong southbound flow
Chinese mutual funds reduced their Hong Kong stock holdings via the southbound Stock Connect to a two-year low in the second quarter of 2024, with the share of Hong Kong stocks in their portfolios falling to 23.3%, according to a report by China International Capital Corporation. Despite a significant southbound capital flow during the same period, the holdings declined compared to the 23.9% recorded two years earlier.
- Southbound Stock Connect flows surge to record US$152b driven by Hong Kong’s IPO revival
Southbound Stock Connect flows reached a record US$152 billion in the past year as mainland Chinese investors purchased HK$1.19 trillion in Hong Kong-listed shares. The surge reflects strong confidence in Hong Kong’s market driven by a booming IPO pipeline, according to the SFC’s annual report.
- Southbound Stock Connect flows surge to record US$152b driven by Hong Kong’s IPO revival
Southbound Stock Connect flows reached a record US$151.8 billion in the 12 months to March 2024, as mainland investors purchased HK$1.19 trillion in Hong Kong-listed shares, driven by the city's revival in IPO activity, according to the SFC's annual report.