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Southbound Trading Sees Over HKD 10 Billion Poured into Minimax Shares in August, Outpacing Alibaba and Tencent
15 hour ago /
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Author：小编
Last month, Minimax Group Inc. stole the spotlight as the darling stock among mainland investors trading on the Hong Kong Stock Exchange. Throughout August, these investors funneled a staggering HKD 10.6 billion into Minimax shares via the Southbound Stock Connect, eclipsing the buying activity for both Alibaba and Tencent Holdings during the corresponding timeframe. Since Minimax was added to the Southbound Stock Connect roster on August 6, investors from the south have steadily built up a 9.7% ownership stake in the company.
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