Weekly Recap | SMIC -6.76%, southbound funds turn net seller
Weekly Review·
- 981.HK dropped 6.76 % this week to close at 52.4 HKD, underperforming the Hang Seng Index due to industry sentiment cooling and continuous southbound capital reductions.
- A total of 23 institutions maintain an average buy rating with a consensus target price of 95.98 HKD, showing significant divergence in mid-term expectations.
- Key upcoming catalysts include Hong Kong macro data on October 22 and the 2026 Q3 financial results report scheduled for November 13.
