On January , southbound funds net bought HK. billion of Hong Kong stocks

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Rina7RS
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On January , southbound funds net bought HK. billion of Hong Kong stocks

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Capital Flows | Northbound funds net bought HK. billion of Hong Kong stocks, and Tencent received an additional HK. billion

Among them: net purchases of Tencent Holdings for . billion, WinFunds uae phone number list Investment Fund for . billion, China Shenhua for million, China Mobile for million, SMIC for million, Industrial and Commercial Bank of China for million, and Xiaomi GroupW for million; net sales of MeituanW for million and Sunny Optical Technology for million. As Tencent was included in the US military enterprise list, it fell for two consecutive days, from HK. to HK., with a cumulative decline of .% in two days. As the stock price fell, southbound funds increased their holdings in Tencent by a total of HK. billion in the past two trading days.

According to statistics, southbound funds have been net buying SMIC for four consecutive days, totaling HK. billion; net buying Tencent for six consecutive days, totaling HK. billion; and net buying China Mobile for seven consecutive days, totaling HK. billion.


North Water Focus on Individual Stocks

Tencent Holdings : Repurchased . million shares for HK. billion on January , and repurchased . million shares for HK. billion yesterday.

China Shenhua : Bank of America Securities released a research report saying that it is pessimistic about the coal industry in because coal demand growth is expected to be limited, inventories are at historical highs, and it will face continued import threats.
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