SH-HK northbound turnover decreased by 3% to RMB11.2bn with 49% buy trades. SZ-HK northbound turnover climbed by 2% to RMB8.2bn with 51% buy trades. A-share markets dropped today. SHCOMP decreased by 1.39% to 2,598.87, SICOM went down by 0.64% to 7,648.55 and CSI 300 fell by 1.41% to 3,167.44. ChiNext Price Index declined by 0.51% to 1,322.83. The finance sector was the worst performing industry, -1.60%. The papermaking sector was the best performing industry, +1.95%. The most active stocks in northbound SH-HK and SZ-HK were Ping An Insurance [601318:CH], -2.53%, and Hangzhou Hikvision Digital Technology [002415:CH], -2.19%. Dragged down by financial stocks, SHCOMP slid for five consecutive days.
The Hang Seng Index dropped by 2.39% today to 25,601.92. SH-HK southbound turnover rose by 21% to HKD5.3bn with 41% buy trades. SZ-HK southbound turnover lifted by 15% to HKD3.1bn with 34% buy trades. The most active stock in southbound SH-HK and SZ-HK were ICBC [1398:HK], -2.73%, and Tencent [0700:HK], -4.90%.