Jinshi data March 18 news, since the beginning of the year, the cumulative inflow of funds from the south has reached about 380 billion Hong Kong dollars, with a daily inflow of 8.16 billion Hong Kong dollars, more than twice the daily average of 34.7 billion Hong Kong dollars in 2024. Is there a “pricing power” for the southward? CICC said that it has a phased and partial effect, and may be further strengthened in the future with the increase of southbound funds, but in a open market like the Hong Kong stock market, two factors determine that southbound funds cannot have “absolute pricing power”.
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