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The TRACKER FUND OF HONG KONG had a net Outflow of 4.192 billion Hong Kong dollars.
The northbound capital inflow to Tencent (00700.HK), SMIC (00981.HK), and WEIMOB INC (02013.HK) reached 2.814 billion HKD, 1.504 billion HKD, and 0.594 billion HKD respectively. The northbound capital outflow from TRACKER FUND OF HONG KONG (02800.HK), Alibaba (09988.HK), and Kuaishou-W (01024.HK) reached 4.192 billion HKD, 0.936 billion HKD, and 0.133 billion HKD respectively. The highest net capital inflow for active stocks from SH->HK Connect was 1.89 billion HKD for Tencent (00700.HK), and the highest capital...
Express News | Today, southbound funds had a net Buy of over 1.6 billion Hong Kong dollars, while TRACKER FUND OF HONG KONG was sold off by approximately 4.2 billion.
The three major Hong Kong stock indices collectively weakened this week, while WEIMOB INC saw a逆势大涨 of over 60%.
① What news stimulated the significant rise of ZTE this week? ② What is the reason for the sharp increase of EAST BUY today?
Hong Kong stocks closed (12.20) | The Hang Seng Index fell by 0.16% "WeChat gifting" ignites related stocks, the Semiconductors Sector shows strong performance.
The Hong Kong stock market slightly dipped in the morning, and then the three major Indexes subsequently surged, with the Hang Seng Index rising by over 1% at one point, but then it fluctuated back down, with the Hang Seng and National Indexes turning negative again.
Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;
Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;
[Brokerage Focus] Huajin Securities pointed out that WeChat small stores are expected to promote the formation of a complete and closed-loop ecosystem for WeChat e-commerce.
Jinwu Financial News | Huajin Securities stated that on December 18, the WeChat team announced the gray testing of the "Gift Giving" feature in WeChat Mini Stores. Except for the two categories of jewelry and Education, other categories of WeChat Mini Stores, products with an original price not exceeding 0.01 million yuan, will default to support the "Gift Giving" feature. Products that meet the criteria will automatically enable the "Gift Giving" feature, and the product detail page will publicly display the "Support Gift Giving" entry. The bank noted that while the live streaming e-commerce market still has significant growth potential, the growth rate is also showing a downward trend. In 2024, e-commerce platforms will continue to optimize the alignment of platform rules and Global Strategy. Each platform will adjust Low Stock Price.