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The overall shareholding ratio of southbound funds in Hong Kong Stock Connect target stocks is 14.77%, and the shareholding ratio of southbound funds in 168 individual stocks exceeds 20%.

Under the interconnection mechanism, mainland investors have become important participants in the Hong Kong stock market. According to the Securities Times Databao statistics, as of August 16, among the Hong Kong Stock Connect target stocks, southbound funds held a total of 376.007 billion shares, accounting for 14.77% of the total share capital of the target stocks, and the total market value of the shares was HK$2795.404 billion, accounting for 11.05% of the total market value of the target stocks.

Specifically, in terms of individual target stocks, there are 168 stocks where southbound funds hold more than 20% of the total share capital, 144 stocks where the shareholding ratio is between 10% and 20%, 96 stocks where the shareholding ratio is between 5% and 10%, 103 stocks where the shareholding ratio is between 1% and 5%, and 46 stocks where the shareholding ratio is less than 1%. The company with the highest shareholding ratio of southbound funds is Kingkey Financial International, which currently holds 6.624 billion shares, accounting for 72.34% of the issued shares of Hong Kong stocks, followed by Triumph New Energy and Marco Digital Technology, with shareholding ratios of 66.35% and 65.97% respectively.

From the perspective of characteristics, most of the stocks held in high proportion by southbound funds are AH concept stocks. Statistics show that among the stocks in which southbound funds hold more than 20% of the shares, there are 102 AH shares, accounting for 60.71%; among the stocks with a holding ratio of 10% to 20%, AH shares account for 21.53%.

According to the statistics of the industry classification of the Hong Kong Stock Exchange, the stocks with a holding ratio of more than 20% by southbound funds are mainly concentrated in the healthcare industry, the financial industry, and the industrial industry, with 34, 28, and 26 stocks respectively. (Databao)

Hong Kong stocks with a high proportion of southbound funds