Fund Flows | Southbound capital snapped up HK$3.4 billion worth of Hong Kong stocks, marking the seventh consecutive day of net buying in KB Group Holdings
Track the latest developments of southbound capital flows.
Zhitong HK Connect Active Trading | June 16
Stock Connect Active Trading | June 16, 2026
Southbound Capital Tracker | Net Purchases Exceed HK$3.4 Billion, Continuously Adding Positions in Zhipu AI and Kingboard Laminates While Selling Tencent
① Southbound capital recorded approximately HK$110.7 billion in trading volume on the day; which stocks continued to see net inflows? ② Approximately HK$17 billion in funds flowed into KB Group Holdings Limited—what has been the recent trend in its holdings?
Southbound Capital Flows | Southbound capital recorded a net purchase of HK$3.463 billion; continued accumulation of Zhipu AI (02513); bought over HK$3 billion worth of Kingboard Group stocks throughout the day
On June 16, southbound capital recorded a net purchase of HK$3.463 billion in the Hong Kong stock market. Specifically, Stock Connect (Shanghai) saw net purchases of HK$4.89 billion, while Stock Connect (Shenzhen) recorded net sales of HK$1.427 billion.
Drawing ever closer, yet still failing to materialize! Morgan Stanley: The probability of a U.S.-Iran deal falling through is as high as 70%.
The U.S.-Iran conflict appears to be just one step away from resolution but continues to elude a final conclusion. A recent JPMorgan report warns that negotiations remain stuck in a state of 'perpetually approaching but never signing,' with only a 10% probability of an actual agreement being reached.
Morgan Stanley has lowered its forecast for the average Brent crude oil futures price in the third and fourth quarters to USD 90 and USD 80 per barrel, respectively.
Morgan Stanley has lowered its oil price forecasts for the coming quarters to reflect the expected recovery in regional crude output following a U.S.-Iran agreement to reopen the Strait of Hormuz. Morgan Stanley now expects Brent crude to average $90 per barrel in Q3, down from its previous forecast of $100, and $80 per barrel in Q4, compared with an earlier projection of $95. The firm noted that numerous issues remain to be negotiated and key risks persist, but for now, the overall trajectory points toward de-escalation and higher oil exports through the Strait of Hormuz. Morgan Stanley added that restoring production would first require emptying export storage tanks, implying idle tankers.