Hk Connect Flow
Stock Connect (Shanghai/Shenzhen-Hong Kong) fund flow analysis, Northbound (foreign...
Install
npx skills add HKUDS/Vibe-Trading --skill hk-connect-flow -g -a claude-code -y- Repository
- HKUDS/Vibe-Trading37.4k
- Category
- Engineering
- Updated
- 3d ago
- License
- MIT
- Context cost
- Mediumabout 2,690 tokens
- Runs scripts
- No, instructions only
What it does
Stock Connect (Shanghai/Shenzhen-Hong Kong) fund flow analysis, Northbound (foreign into A-shares), Southbound (mainland into HK), sector allocation tracking, and cross-border arbitrage signals.
Stock Connect Fund Flow Analysis
Overview
Analyze capital flows through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs. Northbound flows (foreign capital into A-shares) are a key institutional sentiment indicator for the China market; Southbound flows (mainland capital into Hong Kong) reveal mainland investor preference for HK-listed assets. Together they provide a real-time cross-border capital positioning signal.
Core Concepts
1. Stock Connect Architecture
| Channel | Direction | What It Measures |
|---|---|---|
| Shanghai Connect Northbound | Foreign → A-shares (SSE) | Foreign institutional A-share appetite |
| Shenzhen Connect Northbound | Foreign → A-shares (SZSE) | Foreign institutional A-share appetite (growth bias) |
| Shanghai Connect Southbound | Mainland → HK (HKEX) | Mainland capital HK allocation |
| Shenzhen Connect Southbound | Mainland → HK (HKEX) | Mainland capital HK allocation |
Daily quota: Each channel has a daily net buy quota (~RMB 52B / HKD 42B). Quota utilization >50% = strong directional signal.
2. Northbound Flow Analysis (Foreign into A-shares)
Why Northbound matters:
- Foreign institutions (global funds, sovereign wealth funds, hedge funds) are considered "smart money" in A-shares
- Northbound holdings represent ~4-5% of A-share free-float market cap, small but marginal price-setters
- Northbound flow correlates with MSCI China index rebalancing and global EM allocation decisions
Northbound signal framework:
