Fund Flows | Southbound capital bought over HK$7.5 billion worth of Hong Kong-listed stocks, increasing positions in Huahong Hongli and Zhipu

Track the latest developments of southbound capital flows.

Gelonghui FinanceJul 22 20:34

Zhitong HK Connect Active Trading | July 22

Stock Connect Active Trading | July 22, 2026

Zhitong FinanceJul 22 19:00

Tencent weakened in the afternoon session, as the market expects its mobile gaming revenue in the next quarter to decline slightly; Morningstar noted that the drop is not driven by fundamental factors.

Hong Kong stocks were weaker today (22nd), with the Hang Seng Index last trading at 24,868 points in the afternoon session, down 263 points or approximately 1%, on turnover of HK$260.6 billion. The Hang Seng Tech Index declined 3.1% to 4,663 points. Heavyweight technology stocks dragged down the broader market, with Tencent (00700.HK) falling as much as 7% during the afternoon session to an intraday low of HK$440.6. It was last trading at HK$443.6, down 6.41%, with turnover of HK$25.394 billion. NetEase (09999.HK) was down 7.29% to HK$193.2, marking the worst performance among blue-chip stocks, with turnover of HK$1.991 billion. Kuaishou-W (01024.HK) also fell more than 6%, while Alibaba-

AASTOCKSJul 22 15:22

Moonshot AI is launching its final pre-IPO funding round in August, with a target valuation of up to USD 50 billion.

Citing sources familiar with the matter, Bloomberg reported that Moonshot AI plans to begin discussions in August for its final pre-IPO funding round, targeting a valuation of up to $50 billion. The company is expected to finalize a funding round launched this summer within the next few days at a valuation of $31.5 billion. Following this close, Moonshot AI will immediately engage with potential investors on the next financing round, which is anticipated to be its last capital raise before an initial public offering (IPO). Earlier, Moonshot AI launched Kimi K3, an AI model with 2.8 trillion parameters, whose performance is said to rival the most advanced models from OpenAI and Anthropic, drawing attention from developers and investors alike. Previously

AASTOCKSJul 22 09:22

The Fortune China 500 list for 2026 has been unveiled! JD.com (09618) is the only mainland private enterprise among the top ten.

On July 21, the Fortune China 500 list for 2026 was released.

Zhitong FinanceJul 21 16:51

Meituan Stock Slides 1.3% in Hong Kong

Dow JonesJul 21 16:33