Southbound funds today net purchased HK$3.578 billion worth of Hong Kong stocks, primarily focusing on investments in companies like Meituan, China Mobile, CNOOC, and Horizon Robotics. Concurrently, Xiaomi Group, Hang Seng China Enterprises Index, Kuaishou, Alibaba, and SMIC experienced net selling. Notably, Alibaba has witnessed net selling for seven straight days, amounting to a cumulative HK$4.684 billion. In contrast, Meituan has enjoyed nine consecutive days of net buying, totaling HK$8.942 billion. Additionally, Horizon Robotics has also seen three consecutive days of net purchases, amounting to HK$1.97 billion.
