Korean Investors Massively Buying Chinese Assets

GateUser-bd883c58 · 2026-03-17T00:54:31+00:00

South Korean stock investors have recently exhibited a net purchase of A-shares and Hong Kong stocks, indicating a preference for HALO assets such as power equipment and construction machinery, which reflects the market’s pursuit of certainty. Although the Korean stock market has experienced fluctuations, funds continue to actively allocate to ETFs in China's innovative medicine and artificial intelligence sectors, highlighting their investment attractiveness.

GateUser-bd883c58

2026-03-17 00:54:31

Abstract generation in progress

Reporter | Yan Kaiwei

Editor | Chi Weijia, Jin Shan

According to data from SEIbro, a subsidiary of the Korea Securities Depository (KSD), as of March 11, the top net-buying A-share targets by Korean investors over the past month are: Sany Heavy Industry, China Power Construction, Guangxun Technology, XJ Electric, China Western Electric, Zhejiang Energy Electric Power, Changdian Technology, China Guodian Nari, and TBEA.

The top net-buying Hong Kong stocks over the past month are: China Energy Construction, MiniMax, Harbin Electric, Lankei Technology, Goldwind Technology, China Power, China General Nuclear Power, and Baidu.

Compared to 2025, Korean retail investors’ latest trading shows a strong HALO presence. Most of these companies are in the power equipment, engineering machinery, and chemical industries, which are precisely the HALO assets defined by Goldman Sachs.

It is well known that Korean retail investors tend to be aggressive and favor high-leverage trading. After the launch of China’s stock market in September 2024, by 2025, China became Korea’s second-largest overseas investment destination.

When the most risk-tolerant groups are buying HALO assets, it indicates two things.

First, the overall valuation of AI technology stocks is relatively high. U.S. tech stocks have performed moderately this year, while the Korean stock market has seen strong gains but recently experienced significant volatility.

Second, global capital is seeking certainty. Especially after Middle Eastern events, HALO assets will not be replaced by AI, and some industries are entering a cycle of price increases.

Additionally, according to Cailian Press, in the past month, three ETFs were among the top 20 net-buyers of A-shares by Korean investors: Yinhua CSI Innovation Drug Industry ETF, Harvest CSI STAR Market Chip ETF, and E Fund CSI Artificial Intelligence Theme ETF. Among these, the Yinhua CSI Innovation Drug Industry ETF was the most net-bought ETF by Korean investors in the past month, with a net purchase of $1.4805 million.

Although the Korean stock market has experienced recent volatility, its year-to-date gains remain impressive. Amid strong domestic market performance, Korean funds are actively increasing their holdings in Chinese assets through ETFs, reflecting the attractiveness of China’s innovative drug and artificial intelligence sectors.

Yuesheng Investment Research: Extensions on Popular Theme Company Clues

(Disclaimer: The content of this article is for reference only and does not constitute investment advice. Investors operate at their own risk.)

Produced by | 21 Finance Client, 21st Century Business Herald

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.