Korean Investors “Snap Up” Zhongji Innolight H-Shares

Odaily News: Less than two weeks after its listing, Zhongji Innolight's H-shares have become the Hong Kong stock with the highest net buying amount by Korean investors in the past month. Data from SEIBro, operated by the Korea Securities Depository (KSD), shows that from July 8 to August 7, Korean investors' buy settlement amount for Zhongji Innolight H-shares reached $45.067 million, with sell settlement at $1.6729 million and a net buy settlement of $43.3942 million, equivalent to approximately HK$340 million, ranking first among Hong Kong stocks in net buying by Korean investors during the same period. Zhongji Innolight H-shares began trading on July 30, and within just seven trading days, their net buy settlement amount was nearly four times that of the second-place stock on the list. (China Securities Journal)