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Investment Trends | Southbound Funds Boost Holdings in Meituan, SMIC, and CCB, While Trimming Xiaomi Positions
2 week ago /
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Author：小编
Southbound funds net purchased HK$2.589 billion worth of Hong Kong stocks today, primarily targeting Meituan, SMIC (Semiconductor Manufacturing International Corporation), and China Construction Bank (CCB). Conversely, they sold off stocks such as Xiaomi, Tencent, and Alibaba. Notably, southbound funds have maintained a trend of net selling Tencent, Alibaba, and Xiaomi for several consecutive days, while consistently net purchasing shares in China Construction Bank, SMIC, and Meituan.
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