HKD1.1B Southbound Trading Net Inflow to TENCENT
AASTOCKS News·- Southbound Trading recorded net inflows into TENCENT, MINIMAX-W, and KUAISHOU-W, alongside net outflows from Z.AI and SMIC. - Under Shanghai-Hong Kong Stock Connect, TENCENT led net inflows at HKD524.7 million while CHINA LIFE saw the highest net outflow at HKD379.6 million. - Under Shenzhen-Hong Kong Stock Connect, MINIMAX-W recorded the highest net inflow of HKD630.3 million and MEITUAN-W posted the highest net outflow of HKD576.3 million.HSI Dives 256 pts at Midday; Z.AI Ticks Up ~3%; CN Developers Suppressed; BABA-W Slips 3%+
AASTOCKS News·- The Hang Seng Index fell 256 pts or 1 % to close at 25,310 at midday with a total turnover of HKD 133.165 billion. - Major technology stocks traded mixed, with BIDU-SW dropping 2.65 % and KUAISHOU-W surging 4.82 % following a substantial investment. - Chinese property developers remained subdued amid policy adjustments, and AI concept stocks showed positive momentum led by Z.AI and MINIMAX-W.MiniMax rises 1% in Hong Kong trading as ARR tops $800M
HK Stock Market Update·Top 10 HK Stock Gainers (8.31)
Top Gainers&Losers·Top 5 HK Stock Gainers/Losers (>100B) (8.31)
Top Gainers&Losers·