--- title: "Southbound funds net sold HKD 1.546 billion, while Alibaba received net purchases of HKD 0.508 billion against the market trend" type: "News" locale: "en" url: "https://longbridge.com/en/news/216970146.md" description: "Southbound funds net sold HKD 1.546 billion, with GF Fund, Kuaishou-W, and China Mobile experiencing net sales of HKD 4.722 billion, HKD 0.229 billion, and HKD 0.11 billion respectively; Alibaba-W saw net buying against the market trend, amounting to HKD 0.508 billion" datetime: "2024-10-16T09:34:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/216970146.md) - [en](https://longbridge.com/en/news/216970146.md) - [zh-HK](https://longbridge.com/zh-HK/news/216970146.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216970146.md) | [繁體中文](https://longbridge.com/zh-HK/news/216970146.md) # Southbound funds net sold HKD 1.546 billion, while Alibaba received net purchases of HKD 0.508 billion against the market trend Southbound funds net sold HKD 1.546 billion, with Ying Fu Fund, Kuaishou-W, and China Mobile experiencing net sales of HKD 4.722 billion, HKD 0.229 billion, and HKD 0.11 billion respectively; Alibaba-W saw net buying of HKD 0.508 billion against the market trend ### Related Stocks - [Alibaba Group Holding Limited (BABA.US)](https://longbridge.com/en/quote/BABA.US.md) - [BABA-WR (89988.HK)](https://longbridge.com/en/quote/89988.HK.md) - [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md) ## Related News & Research - [Evanson Asset Management LLC Purchases Shares of 5,080 Alibaba Group Holding Limited $BABA](https://longbridge.com/en/news/280440745.md) - [Alibaba develops next-gen chip for agentic AI, Chinese media says](https://longbridge.com/en/news/280250679.md) - [Xpeng Mar deliveries rebound sequentially despite year-on-year decline](https://longbridge.com/en/news/281331957.md) - [Several Baidu Apollo Go Robotaxis Freeze In China, Raising Concerns About AV Safety: Report](https://longbridge.com/en/news/281345987.md) - [5 Simple ETFs to Buy With $1,000 and Hold for a Lifetime](https://longbridge.com/en/news/281345615.md)