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Northbound investors sold over 0.9 billion Hong Kong dollars of China Mobile, while southbound investors increased their holdings in home appliance stocks against the trend.
Track the latest trends of north-south directional funds.
Southbound funds net bought approximately 7.8 billion yuan this week: added positions in Tencent and the tracker fund of Hong Kong, significantly reduced shareholding in Meituan.
Which stocks received inflow from approximately HKD 163.9 billion of southbound funds this week? How did Tencent's stock price perform this week with a cumulative inflow of over HKD 45 billion in the past 7 days?
Market Chatter: Shanghai-Based AI Startup Secures 5 Billion Yuan in Series A Round
"Hong Kong stock" Hang Seng Index rose 16 points, household appliances and heavy equipment stocks rose sharply, and East Buy selection fell 23%.
The US economy grew more than expected last quarter. The Dow rose 81 points or 0.2% on the evening of the 25th, and the Hong Kong stock market rebounded with the external trend. The Hang Seng Index opened high by 74 points, rose 224 points in the early stage to 17,229 points, and then fell back. It once fell 80 points to 16,924 points, rose 16 points or 0.1% in the whole day, and closed at 17,021 points. The HSI Tech Index rose 22 points or 0.7%, and closed at 3,443 points. The total turnover of the market for the whole day was 104.67 billion yuan, and the net inflow of southbound transactions of Shanghai, Shenzhen and Hong Kong stock connect was 5.791 billion and 4 billion yuan respectively.
Market Chatter: Alibaba, Tencent Integrating Meta's Llama Large Language Model in Cloud Platforms
Express News | WeChat has expanded 575 times in size over 11 years.
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