Since the beginning of the year, southbound capital inflow has continued to be positive. Institutions are bullish on the three main investment themes in the Hong Kong stock market.

Since the beginning of this year, southbound capital has continued to flow into the Hong Kong stock market, becoming a core source of incremental funds. As of March 3, out of the 36 trading days of southbound capital transactions since the beginning of this year, there have been 27 days of net inflows, accounting for over 70%, with a total net inflow of HK$181.84 billion. Funds are concentrated in financial, information technology, and optional consumption sectors. Analysts believe that with the global funds flowing back into the Hong Kong stock market, combined with loose global liquidity and support from mainland policies, they are optimistic about the valuation recovery rally of leading technology companies in the Hong Kong stock market, and recommend focusing on the three main themes of precious metals, consumption, and technology.