Southbound funds bought over HK$10 billion of Hong Kong stocks for the fourth consecutive day, increasing their holdings in Xiaomi, Tencent, and Meituan.

2025-08-01 17:59:17

Southbound funds saw net purchases of HK$12.207 billion today, marking the fourth consecutive day of net purchases exceeding HK$10 billion. These purchases included net purchases of TraHK (HK$3.744 billion), Hang Seng China Enterprises (HK$1.72 billion), Xiaomi Group (HK$1.099 billion), China Southern Hang Seng Technology (HK$855 million), Tencent Holdings (HK$836 million), Meituan (HK$766 million), Innoscience (HK$363 million), CSPC Pharmaceutical Group (HK$252 million), and Kuaishou (HK$202 million). Southbound funds also saw net sales of Innovent Biologics (HK$402 million), Alibaba (HK$202 million), and SMIC (HK$177 million). Southbound funds have been net buyers of Tencent for seven consecutive days, totaling HK$3.542 billion; Xiaomi for six consecutive days, totaling HK$4.135 billion; and Meituan for three consecutive days, totaling HK$2.612 billion.

SMIC Meituan Alibaba Xiaomi Tencent

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