South Korea's QFI has bought Changxin Technology

Comparatively, data from SeiBro, a subsidiary of the Korea Securities Depository and Settlement Institute (KSD), shows that as of August 18, the A-share that Korean investors have bought the most in the past month is a mysterious stock. Meanwhile, South Korean investors bought this stock for a net amount of US$4532.233 million (approximately RMB 3075.3 million). Extending the period to the past three months, this stock is still at the top of the ranking of net purchases of A-shares by Korean investors. Korea Securities Companies must submit settlement instructions to KSD when trading these securities as an Qualified Foreign Investor (QFI). However, you must use an ISIN code to submit a settlement order. Therefore, the relevant Korean securities company chose to temporarily use a temporary virtual code, and the name of the security is displayed according to the virtual ISIN.

A search of SeiBro revealed that as of July 28, Changxin Technology had appeared among the stocks with the highest net purchase amount by Korean investors in the previous week. As of July 27, Changxin Technology did not appear on the list of the top 50 A-shares by Korean investors in the previous week's net purchase amount (it is also possible that Korean investors have bought, but Changxin Technology has not entered the list of the top 50 A-shares by net purchase amount). This indicates that South Korean investors began buying as late as July 28, the second day after Changxin Technology went public. (China Foundation News)

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