STOCKS | Southbound Funds Post 8.87 Billion Yuan Net Sell-Off

Southbound funds recorded a net sell-off of 8.87 billion yuan today. According to Jin10, via Stock Connect (Shanghai), the Tracker Fund of Hong Kong and Alibaba-W saw net selling of HK$4.38 billion and HK$660 million, respectively, while SMIC led net buying at HK$1.80 billion. Via Stock Connect (Shenzhen), Alibaba-W and Xiaomi-W posted net selling of HK$1.59 billion and HK$217 million, respectively, while Kingboard Holdings led net buying at HK$1.29 billion.