On May 12, southbound funds achieved a net purchase totaling HK$790 million in Hong Kong stocks. Notably, Montage Technology, Depeche Code Technology, and Alibaba-W emerged as the top three in terms of net purchases, with values reaching HK$190 million, HK$68 million, and HK$34 million, respectively. Conversely, Huahong Semiconductor, Tencent Holdings, and Kuaishou-W witnessed net sales amounting to HK$660 million, HK$509 million, and HK$482 million, respectively, moving against the general market trend.
