Hong Kong Stocks Rose July 6-10; Southbound Net Buying Hit HK$39.06 Billion, Zhipu Top Recipient

Hong Kong-listed benchmark indexes rose in the week of July 6-10, with the Hang Seng Index up 3.53%, the Hang Seng Tech Index up 4.95%, and the Hang Seng China Enterprises Index up 4.41%, according to 36Kr. Southbound trading via Stock Connect recorded net buying of HK$39.055 billion for the week, the highest weekly net inflow since April. By net buying value, Zhipu saw the largest southbound inflow at HK$13.702 billion. Among major internet names, Alibaba-W recorded net buying of HK$8.318 billion, Tencent Holdings HK$3.029 billion, and Meituan-W HK$1.457 billion, while Xiaomi Group-W saw net selling of HK$802 million.