Southbound Holdings Reach 19.61% of Stock Connect Targets; 267 Stocks Above 20%
As of August 5, 2026, southbound capital held 504.203 billion shares of Stock Connect targets, representing 19.61% of total issued shares, with market value reaching HK$6.0724 trillion, or 14.32% of total target market capitalization. A total of 267 stocks saw southbound holdings exceed 20%, led by Green Power Environmental with 72.98%, followed by Dazhong Public Utilities at 71.25% and China Telecom at 70.62%. Among stocks with over 20% southbound holdings, AH-share companies accounted for 58.43%, with the healthcare, industrial, and financial sectors leading.
As of August 5, 2026, southbound capital held a combined 504.203 billion shares in Stock Connect target stocks, representing 19.61% of the total share capital of these targets. The market value of these holdings reached HK$6,072.402 billion, or 14.32% of the total market capitalization of the target stocks.
By individual stock, 267 stocks had southbound holdings exceeding 20% of their share capital. Another 155 stocks had holdings between 10% and 20%, 104 stocks between 5% and 10%, 86 stocks between 1% and 5%, and 32 stocks below 1%. The highest proportion was in Green Power Environmental, with southbound holdings reaching 72.98%, followed by Dazhong Public Utilities at 71.25% and China Telecom at 70.62%.
In terms of characteristics, AH-share stocks accounted for a significant share of high southbound holdings. Among stocks with holdings above 20%, 156 were AH-share stocks, representing 58.43%. For stocks with holdings between 10% and 20%, AH-share stocks accounted for 18.06%.
By HKEX industry classification, stocks with southbound holdings exceeding 20% were concentrated in healthcare, industrial, and financial sectors, with 52, 49, and 35 stocks, respectively.