Southbound capital continues to hit bottom, and ETF shares of many Hong Kong stocks hit an all-time high.

FAP, 11 May / PRNewswire-FirstCall-Asianet /-- Hong Kong stocks have continued to fluctuate and fall since they reached a rebound high at the end of January this year. However, southbound funds still adopt the strategy of "buying Hong Kong stocks as they fall." Data show that southbound Capital has increased its stake in Tencent Holdings by 2.44 percentage points so far this year, and the stock is also the largest increase in the number of public offering funds in the first quarter. According to statistics, the share of ETF related to a number of Hong Kong stocks continues to grow and hit an all-time high. Specifically, as of May 9, the latest shares of Huaxia Hang Seng Internet Technology Industry ETF, Guangfa CSI Hong Kong Innovation Drug ETF, Jingshun Great Wall CSI Hong Kong Stock Connect Technology ETF and Huaxia Hang Seng Chinese enterprise ETF were 67.571 billion, 2.441 billion, 6.274 billion and 1.302 billion respectively, all reaching record highs. (Shanghai Securities News)