Beishui bought over 400 million Hong Kong dollars worth of Tencent and sold over 200 million Hong Kong dollars worth of Brilliance China; Nanshui sold nearly 1.1 billion yuan worth of Kweichow Moutai.

On June 17 (Monday), southbound funds today net bought 3.78 billion Hong Kong dollars of Hong Kong stocks, and Bank of China and CNOOC received net purchases of 343 million Hong Kong dollars and 285 million Hong Kong dollars, respectively.

Futu News17:45

S&P Global: Chinese auto manufacturers are able to cope with the EU's temporary tariffs.

S&P Global pointed out that the Chinese auto manufacturers it covers can handle the temporary tariffs imposed by the EU on imported Chinese electric vehicles (BEVs), as they have smaller exposure to European exports of electric vehicles and are believed to be able to deal with the increase of up to 38.1% in tariffs next month on top of the existing 10% tariffs. However, S&P Global credit analyst Stephen Chan believes that the temporary tariffs may curb the growth of China's electric car exports to Europe. For example, last year's export sales of electric cars from China to Europe increased by over 30%, while electric cars imported from China accounted for 2% of total sales of electric cars in Europe.

AASTOCKS16:43

Hong Kong market watch | Hong Kong stocks have a weak performance, with the Hang Seng Index slightly down by 0.03%; active trading in apple suppliers and semiconductor stocks.

During the trading day, the three major indices of the Hong Kong stock market all rose by 1%, showing a low opening and high closing trend in the morning. In the afternoon, there was a decline in the market. As of the close, the Hang Seng Index and the H-share index both fell slightly by 0.03% and 0.02%, respectively. The Hang Seng Tech Index rose slightly by 0.05%, while the Hang Seng Index failed to hold above the 18,000 point level.

Futu News16:22

Express News | Xiaomi has applied for the m-shaped trademark.

Breakings15:18

Express News | Republican lawmakers revealed that Trump is ready to completely reverse Biden's electric vehicle policy.

Breakings14:24

IDC: The shipment volume of wearable devices in China in the first quarter was 33.67 million units, an increase of 36.2% year-on-year.

According to the latest quarterly tracking report on the Chinese wearable device market released by IDC, the shipment volume of the Chinese wearable device market in the first quarter of 2024 was 33.67 million units, an increase of 36.2% year-on-year. With the increase in sales volume, the market's shipment pace has clearly accelerated.

Zhitong Finance13:51