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Southbound Funds Tracker | This week’s net purchases amounted to approximately HKD 24.8 billion, with continued increased positions in Xiaomi and CNOOC while selling off Alibaba.
①Southbound funds recorded a net inflow of approximately HKD 24.8 billion this week. Which individual stocks are receiving increased capital allocations? ②Xiaomi Group has seen cumulative fund inflows exceeding HKD 5.9 billion over the past seven days. How has its share price performed this week?
Alibaba saw a net inflow of HKD 2.257 billion through the Shanghai-Hong Kong Stock Connect.
Southbound funds recorded net inflows into Alibaba (09988.HK), Tencent (00700.HK), and SMIC (00981.HK), reaching HKD 2.257 billion, HKD 2.168 billion, and HKD 804 million, respectively. Southbound funds recorded a net outflow from 3SBio (01530.HK) amounting to HKD 174 million. The most active stock with the highest net inflow via Shanghai-Hong Kong Stock Connect was Alibaba (09988.HK) at HKD 1.327 billion, while the stock with the highest net outflow was China Life (02628.HK) at HKD 262 million. The most active stock with the highest net inflow via Shenzhen-Hong Kong Stock Connect was Tencent.
Express News | Southbound funds recorded a significant net inflow of RMB 12.887 billion today. In the Shanghai-Hong Kong Stock Connect, Alibaba-W and Tencent Holdings garnered net purchases of HKD 1.327 billion and HKD 1.071 billion, respectively; China Life registered
CMB International: Hong Kong stocks rose as southbound funds recorded net purchases of HKD 4.286 billion; likelihood of two US interest rate cuts increases.
Southbound funds recorded a net inflow of HKD 4.286 billion, with Xiaomi Group-W (01810), XPeng Motors-W (09868), and Pop Mart (09992) leading in net purchases, while Alibaba-W (09988), Hua Hong Semiconductor (01347), and SMIC (00981) saw the largest net sell-offs.