Abstract: We analyzed southbound Hong Kong Connect flows for the week ending August 14th, estimating net outflows of USD 343.7 million from Hong Kong stocks by mainland investors. This was a reversal from inflows of USD 1,240.1 million two weeks prior, occurring alongside a -1.5% return in the HSCEI over the same period. The top inflows were led by Minimax (100 HK) at USD 890 million, followed by AIA (1299 HK) at USD 167 million, Xiaomi (1810 HK) at USD 108 million, and Wuxi Bio (2269 HK) at USD 103 million. The largest outflows were recorded in Alibaba (9988 HK) at USD 647 million, Tencent (700 HK) at USD 431 million, Meituan (3690 HK) at USD 188 million, China Life (2628 HK) at USD 136 million, and Beone Medicines (6160 HK) at USD 123 million.
ZHAOJIN MINING INDUSTRY, KINGBOARD LAMINATES, XIAOMI, AIA, WUXI BIO, MINIMAX
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