June 20 (NBD) -- More than 1,000 A-share stocks dived by the daily 10 percent limit Tuesday amid panic mood. 

According to statistics from China's financial information service provider Wind, the Shanghai-Hong Kong Stock Connect logged a net outflow of around 2.0 billion yuan (316.3 million U.S. dollars) for the day, a record high since February 12 this year. The Shenzhen-Hong Kong Stock Connect saw the first net outflow since May 7, with the amount hitting 68 million yuan (10.5 million U.S. dollars). 

By sectors, the banking sector saw the greatest net outflow of over 1.1 billion yuan (170.3 million U.S. dollars) Tuesday, followed by real estate, non-banking financial, and household appliances sectors. The net outflow in the non-banking financial sector was nearly 400 million yuan (61.9 million U.S. dollars). 

In sharp contrast, the mechanical equipment sector posted a net inflow of more than 300 million yuan (46.4 million U.S. dollars) on the same day. 

By stocks, Daqin Railway Co Ltd (601006.SH) saw the largest increase in investment Tuesday, receiving an additional injection of more than 120 million yuan (18.6 million U.S. dollars) via Shanghai-Hongkong Stock Connect. Hangzhou Tigermed Consulting Co Ltd (300347.SZ) followed with an investment influx of around 113 million yuan (17.5 million U.S. dollars).

Out of the top 50 stocks seeing an increase in investment Tuesday, nine were from the automobile sector, and four were from media, mechanical equipment, food and beverage, and biomedicine sectors, respectively. 

Out of the top 50 stocks registering a reduction in investment, 20 recorded a net outflow of more than 100 million yuan (15.5 million U.S. dollars), with the top 5 being Shanghai International Airport Co Ltd (600009.SH), China Vanke Co Ltd (000002.SZ), Ping An Insurance Group Co of China Ltd (601318.SH), China Merchants Bank Co Ltd (600036.SH), Anhui Conch Cement Co Ltd (00914.HK).

 

Email: lansuying@nbd.com.cn

Editor: Lan Suying