STOCKS | Southbound Funds Record Net Sell-Off of HKD 315 Million

Southbound funds recorded a net sell-off of HKD 315 million today. According to Jin10, in the Shanghai-Hong Kong Stock Connect, Tencent Holdings and Akeso Biopharma saw net sell-offs of HKD 445 million and HKD 341 million, respectively. Meanwhile, SMIC led net purchases with HKD 892 million. In the Shenzhen-Hong Kong Stock Connect, SMIC and Alibaba-W experienced net sell-offs of HKD 707 million and HKD 703 million, respectively, while Hua Hong Semiconductor topped net purchases with HKD 345 million.