Shares of Tianjin Capital (01065.HK) surged 5.54% in Monday's trading session, driven by significant interest from mainland Chinese investors through the Hong Kong Stock Connect program. The stock's strong performance comes as recent data reveals it was among the top beneficiaries of southbound capital flows.
According to the latest Hong Kong Stock Connect capital flow statistics, Tianjin Capital recorded an impressive net inflow ratio of 52.73%, placing it ninth on the list of stocks with the highest net inflow ratios. This data suggests that mainland investors were actively accumulating shares of the company, with a net inflow of 680,900 Hong Kong dollars on the reported trading day.
The strong buying interest from mainland investors through the Stock Connect program appears to be a key factor behind Tianjin Capital's significant price movement. As one of the most favored stocks among southbound traders, the increased demand has likely contributed to the stock's upward momentum. Investors and analysts will be closely watching to see if this trend continues and whether it signals a broader shift in market sentiment towards the company or its sector.