Northbound Stock Connect: much lower net fund
inflow in June
■ Northbound trading recorded net fund inflows of Rmb15.4bn in June, a drop of 72.4% mom.
■ The average daily turnover (ADT) of northbound trading increased slightly from Rmb105.2bn (buy and sell) in May to Rmb106.3bn in June.
■ The top five companies recording the largest net fund inflows in June were mainly healthcare stocks: Jiangsu Hengrui Medicine (600276.CH), Aier Eye Hospital Group (300015.CH), NARI Technology (600406.CH), Luxshare Precision Industry (002475.CH), and Shenzhen Mindray Bio-Medical Electronics (300760.CH).
■ The top five stocks with the largest net fund outflows in June were Beijing Oriental Yuhong Waterproof Technology (002271.CH), CATL (300750.CH), Industrial Securities (601377.CH), Yunnan Energy New Material (002812.CH), and Kweichow Moutai (600519.CH).