Track the latest dynamics of southbound capital.
On February 25, southbound funds net purchased Hong Kong stocks worth 16.898 billion HKD.
Among them: net purchases of Alibaba 3.39 billion, TRACKER FUND OF HONG KONG 2.151 billion, TENCENT 1.094 billion, MEITUAN-W 0.756 billion, CHINA MOBILE 0.582 billion, Semiconductor Manufacturing International Corporation 0.539 billion, China Galaxy 0.512 billion, LI AUTO-W 0.286 billion, XIAOMI-W 0.136 billion; net sales of CNOOC 0.188 billion.
According to Statistics, southbound funds have net purchased LI AUTO for 3 consecutive days, totaling 2.73192 billion HKD; net purchased XIAOMI for 4 consecutive days, totaling 4.02264 billion HKD; net purchased TENCENT for 5 consecutive days, totaling 6.38725 billion HKD; net purchased Semiconductor Manufacturing International Corporation for 6 consecutive days, totaling 3.43523 billion HKD; net purchased Alibaba for 12 consecutive days, totaling 46.119 billion HKD.
Northern funds focus on individual stocks.
Alibaba: HKEX information shows that Blackrock's stake in Alibaba increased from 4.93% to 5.01% on February 24.
Semiconductor Manufacturing International Corporation: Institutions pointed out that the electronics Semiconductors industry may see a comprehensive recovery by 2025, the competitive landscape is expected to accelerate clearing and repair, and the industry's profit cycle and related companies' profits are expected to continue recovering.
China Galaxy: China Galaxy Securities announced that Ms. Liu Chun has resigned from her position as an independent non-executive director of the company and as the chairperson of the Board of Directors' Audit Committee, a member of the Compliance and Risk Management Committee, and a member of the Nomination and Remuneration Committee, effective February 26, 2025, after serving as an independent non-executive director for six years. After resigning from the above positions, Ms. Liu Chun will no longer hold any positions in the company or its subsidiaries.
LI AUTO-W: Since the delivery of the LI L6 began, cumulative deliveries have exceeded 0.22 million vehicles.
XIAOMI-W: Today's stock price once again reached a new high but then plummeted, closing down over 5%. In response to the news that XIAOMI's founder Lei Jun's wealth has surpassed that of NONGFU SPRING's founder Zhong Shanshan, making him the 'new richest person in China', Lei Jun responded in the Wuhan University alumni group, saying: fake news. According to the Forbes real-time billionaire list, Zhong Shanshan ranks first in China with a wealth of 56.4 billion dollars, and Lei Jun ranks fourth with a wealth of 42.3 billion dollars.