South Korean Funds Snap Up Chinese Stocks, Cambricon Tops Weekly Net Buying with $2.8577 Million

Korean investors continue to increase their allocation to Chinese assets. Data shows that during the week of July 13 to July 19, Cambricon Technologies recorded net buying of US$2.8577 million by Korean investors, ranking first among A-share individual stocks. Semiconductor companies such as SMIC, Montage Technology, Hua Hong Hongli, and AMEC also saw significant increases in holdings. Over the past month, Dongshan Precision led in net buying amount, while Cambricon Technologies, Sugon, and Lion Microelectronics also received increased allocation from Korean funds.