[Shenzhen Economic Daily] (Reporter Zhan Yuye) the strength of the Hong Kong stock market has led to the performance of related ETF products.GoldfortunefafafaIt has also attracted a large amount of money. On Monday, the net worth of 64 Hong Kong stocks hit a new high for the year. Among the products with the highest revenue since the second quarterGoldfortunefafafaMany of them are ETF of Hong Kong stocks, of which 44 products' net worth has risen by more than 15 per cent since last month.
Flush data show that on Monday, 64 Hong Kong stocks, including Yi Fangda Hang Seng ETF (QDII), ICBC Credit Suisse High dividend ETF Hong Kong Stock, Boshi Hong Kong Stock Connect Internet ETF, Southern Hang Seng China Enterprise ETF, Huaxia Hang Seng China Enterprise High dividend yield ETF, set a new high for the year. Among them, the net worth of 13 ETF, such as Yi Fangda Hang Seng ETF (QDII), ICBC Credit Suisse High dividend ETF Hong Kong shares, Guangzhou Development Securities Hong Kong Stock Exchange non-Bank ETF, Huaxia Hang Seng China mainland enterprises high dividend yield ETF and so on, reached a new high since its establishment.
Since April, the Hong Kong stock market has been hot, with the net value of Hong Kong stocks rising (including linked funds, excluding the three newly established Hong Kong stocks ETF this month), among which the Hong Kong stock dividend theme ETF and the Hong Kong stock Internet theme ETF are the most outstanding. Among them, the dividend of Huatai Berry Hong Kong Stock Exchange ETF has risen 20% since the second quarter.Goldfortunefafafa.28%, ICBC Credit Suisse high dividend ETF Hong Kong shares, Guangzhou Development Securities Hong Kong shares through non-Bank ETF rose more than 19%.
According to flush data, southbound funds have bought 2120 net so far this year.Goldfortunefafafa.21 billion yuan (RMB), an increase of 113.49% over the same period last year, of which the net purchase of southward funds since the second quarter was 99.174 billion yuan. In terms of Hong Kong stock ETF, Boshi Hang Seng Healthcare (QDII-ETF) has received a net inflow of 519 million yuan since April. ICBC Credit Suisse high dividend ETF Hong Kong stock, ICBC Credit Suisse Hong Kong Stock Connect Technology 30ETF, Yongsheng CSI Shanghai Shenzhen Hong Kong Gold share ETF, Yi Fang Da CSI Hong Kong Securities Investment theme ETF net inflow exceeded 400 million yuan.
Not long ago, the Hong Kong Stock Connect ETF welcomed its first expansion this year, and it was also the seventh expansion since the opening of ETF Interconnection. Up to now, there are 10 Hong Kong Stock Connect ETF on the market, providing more new options for mainland investors when investing in Hong Kong's capital market. Recently, there has been market news that regulators are considering reducing the 20 per cent income tax that mainland individual investors have to pay when they receive dividends when they invest in Hong Kong-listed companies through the Hong Kong Stock Connect.
In response, Liu Gang, chief overseas strategist at China International Capital Corporation, pointed out that if the tax relief for Hong Kong stock dividends is implemented, it is expected to further boost mainland investors' enthusiasm for Hong Kong stocks, especially those related to high dividends. "it can boost sentiment in the short term and improve the liquidity of the Hong Kong stock market in the long run." He also expects that further regulatory measures will not be ruled out, which may lower the investment threshold and broaden the scope of investment in the medium term, and activate product innovation in the long term.
