South Korean Investors Buy into Zhongji Xuchuang H Shares with Net Inflow Exceeding HKD 340 Million

Zhongji Xuchuang H shares have attracted the attention of South Korean investors since their listing, becoming the Hong Kong stock with the highest net buying amount from South Korean funds in the past month. According to data from SEIBro, a subsidiary of the Korea Securities Depository (KSD), from July 8 to August 7, South Korean investors purchased Zhongji Xuchuang H shares with a settlement amount of USD 45.067 million, while the settlement amount for sales was USD 1.6729 million, resulting in a net buying settlement amount of USD 43.3942 million, approximately HKD 340 million, ranking first among net buying of Hong Kong stocks by South Korean investors during the same period. Zhongji Xuchuang H shares were listed on the Hong Kong Stock Exchange on July 30, and within just seven trading days, their net buying scale approached four times that of the second-ranked stock on the same list, accounting for nearly half of the total amount of the top ten Hong Kong stocks net bought by South Korean investors. The total net buying amount of the top ten Hong Kong stocks by South Korean investors during the same period was approximately USD 96.27 million, with Tianrui Automotive Interiors, Huaxia CSI 300 Index ETF, Minyin Capital, and Luxshare Precision H shares following. On August 10, Zhongji Xuchuang's stock price experienced a correction, with H shares dropping by 6.94% to HKD 1,033 per share, and A shares falling by 6.01% to CNY 864.58 per share. Market participants believe that the rapid investment by South Korean funds in Zhongji Xuchuang is related to the rapid growth of AI data centers, increased demand for optical modules, and the company's position in the global computing power infrastructure supply chain.