South Korean buying of Chinese assets hits $2.819 billion in first half

A-share purchases by South Korean investors rose 130.55% from a year earlier, while SMIC and the Global X China Semiconductor ETF led Hong Kong stock and ETF buying.

Summary

South Korean investors bought a combined $2.819 billion of Chinese assets through individual stocks and ETFs in the first half, signaling stronger cross-border demand for mainland and Hong Kong-listed names. Purchases of A-shares, or yuan-denominated mainland Chinese stocks, rose 130.55% year on year to about $678 million. Naura Technology drew the most A-share buying at about $33.94 million, followed by Cambricon at $27.28 million and CATL at $12.54 million. In Hong Kong stocks, SMIC led purchases at $85.46 million, while the Global X China Semiconductor ETF topped ETF inflows at $60.83 million.

Terms & Concepts
  • A-shares: Yuan-denominated mainland Chinese stocks
  • ETF: Exchange-traded fund that tracks a basket of assets
  • SMIC: A Chinese chipmaker listed in Hong Kong and mainland China