Increase layout efforts, southbound funds set a record for "sweeping" Hong Kong stocks

Wallstreetcn
2025.01.12 23:48

In 2024, southbound funds accumulated a net purchase of HKD 747.017 billion in Hong Kong stocks, setting a new record and increasing by 158% compared to 2023. Among them, the banking, retail, and telecommunications sectors are the leading industries in terms of capital inflow. Looking ahead to 2025, multiple institutions believe that, from the perspectives of fundamentals, liquidity, and valuation, Hong Kong stocks are expected to rise amid wide fluctuations. (Shanghai Securities News)