Hong Kong Stock Connect Sees Net Outflow of 1.574 Billion Yuan

Southbound funds recorded a net sell-off of 1.574 billion yuan today. According to Jin10, in Hong Kong Stock Connect through Shanghai, Xiaomi Corp. W and China National Offshore Oil Corp. were net sold 994 million Hong Kong dollars and 866 million Hong Kong dollars, respectively, while Tencent Holdings ranked first in net buying at 560 million Hong Kong dollars. In Hong Kong Stock Connect through Shenzhen, Alibaba Group Holding W and Semiconductor Manufacturing International Corp. were net sold 553 million Hong Kong dollars and 545 million Hong Kong dollars, respectively, while Meituan W ranked first in net buying at 1.217 billion Hong Kong dollars.