Multiple funds significantly increased their positions, boosting the activity in the A-share and Hong Kong stock markets

Since the beginning of this year, as of March 19, both the A-share and Hong Kong stock markets have shown active performance. According to Wind data, as of March 18, the net financing amount in the A-share market has exceeded 83 billion yuan, and the repurchase amount by A-share listed companies has surpassed 28 billion yuan. As of March 19, the net inflow of southbound funds into the Hong Kong stock market has exceeded 390 billion Hong Kong dollars this year. Industry insiders believe that the influx of incremental funds provides effective support for market activity, and under the logic of China's economic recovery, an overall friendly liquidity environment, and the catalysis of technology industry logic, the attractiveness of Chinese assets is expected to continue to rise. (China Securities Journal)