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Korean QFI has acquired Canaan Inc.

BlockBeats News, August 19th. According to data from SEIBro, a subsidiary of the Korea Securities Depository (KSD), as of August 18th, the A stock that South Korean investors bought the most in the past month was a mysterious stock. During this period, South Korean investors net bought $45.32233 million of this stock (approximately 307.53 million RMB). Extending the timeframe to the past three months, this stock still holds the top position in the South Korean investors' net buying A stock ranking. South Korean securities firms, as Qualified Foreign Institutional Investors (QFIs), are required to submit settlement instructions to KSD when trading this security. The submission of settlement instructions must use the ISIN code. Therefore, the relevant South Korean securities firms choose to temporarily use a virtual code, and the name of the security is displayed based on the virtual ISIN.

A search on SEIBro revealed that as of July 28th, Changxin Technology had appeared in the list of top stocks in terms of net buying by South Korean investors in the previous week. However, as of July 27th, Changxin Technology did not appear in the top 50 A stocks list based on the net buying amount by South Korean investors in the previous week (it is also possible that South Korean investors had bought, but Changxin Technology did not enter the top 50 A stocks list based on net buying amount). This indicates that by July 28th at the latest, which was the second day of Changxin Technology's listing, South Korean investors had already started buying in. (China Fund News)

출처:BlockBeats

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