Data reveal | What did Beishui buy in May? Bank of China substantially increased its position by nearly HK$12 billion and sold Meituan by over HK$5 billion

In May, the cumulative net inflow of capital to the south was HK$70.289 billion, a decrease of about HK$10 billion compared to April. In terms of trend, the net inflow of capital to the south remained continuous in the first 5 months of this year, with a cumulative inflow of HK$283.79 billion, more than double that of HK$129.4 billion in the same period last year.

Futu News21:45

Express News | The Shanghai Stock Exchange released regular adjustment results for indices such as SSE 50, SSE 180, and SSE 380. China Mobile, China Micro Corporation, Bank of Communications, China Nuclear Power, and Postbank were transferred to the SSE 50 Index.

BreakingsMay 31 05:16

The list of Hong Kong stock June gold stocks has been released! Institutions focus on technology and high-dividend sectors, and Tencent, Meituan, and China Mobile are all favored

The Hong Kong stock IPO market is recovering, and transactions in the secondary market are picking up. Everbright Securities believes it is possible to continue to focus on technological growth and the “dumbbell” strategy where high dividends prevail.

Futu NewsMay 31 05:03

Beishui Trends | Beishui Transactions made a net purchase of 99.05 billion yuan in domestic capital to grab Tencent (00700) to raise more than 1.8 billion yuan and once again increase positions in high-dividend state-owned enterprises

On May 31, in the Hong Kong stock market, Beishui had a net purchase of HK$99.05 billion, of which Hong Kong Stock Connect (Shanghai) had a net purchase of HK$6.675 billion and Hong Kong Stock Connect (Shenzhen) had a net purchase of HK$3,331 billion.

Zhitong FinanceMay 31 04:48

Express News | Southbound Capital made a significant net purchase of 9.05 billion yuan today. On the Hong Kong Stock Connect (Shanghai) side, Tencent Holdings and Bank of China received net purchases of HK$1,098 million and HK$826 million respectively; Agricultural Bank

BreakingsMay 31 04:30

Big Bank Rating丨Goldman Sachs: Renewal of China Mobile's Buying Rating Valuation Is Still Attractive

Glonghui, May 31 | Goldman Sachs published a report stating that it maintains China Mobile's (0941.HK) “buy” rating, with a target price of HK$82.5, and believes that the valuation is still attractive. According to the report, in an online conference at China Mobile, the company's management maintained expectations for steady revenue and profit growth in 2024. EBITDA profit margins continued to decline due to increased R&D and marketing of enterprise business (cloud, artificial intelligence, industrial Internet, etc.), but the slowdown in depreciation cost growth helped support the trend of stable net profit margins. Management expects the dividend payout ratio to increase from 71% to the target of 75% in 2026. Minister Gao Shing

Gelonghui FinanceMay 31 04:28