STOCKS | Southbound Funds Record Significant Net Purchase of 7.61 Billion Yuan
Southbound funds made a substantial net purchase of 7.61 billion yuan today. According to Jin10, in the Shanghai-Hong Kong Stock Connect, Pop Mart and Meituan-W saw net purchases of 830 million Hong Kong dollars and 600 million Hong Kong dollars, respectively. Alibaba-W experienced the highest net sales, amounting to 678 million Hong Kong dollars. In the Shenzhen-Hong Kong Stock Connect, SMIC and Hua Hong Semiconductor recorded net purchases of 3.948 billion Hong Kong dollars and 946 million Hong Kong dollars, respectively, while Alibaba-W again led in net sales with 625 million Hong Kong dollars.
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