hk-connect-flow
Installation
SKILL.md
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.