Interpretation: The southbound funds reduce their holdings of Meituan by more than 1.5 billion Hong Kong dollars.
Today, the southbound funds net bought Hong Kong stocks worth 1.202 billion Hong Kong dollars. Among them: net purchases of alibaba 0.852 billion, china mobile 0.334 billion, ping an insurance 0.216 billion, fourth paradigm 0.125 billion; net sales of Meituan 1.541 billion, semiconductor manufacturing international corporation 0.267 billion, Xiaopeng autos 0.23 billion, Kuaishou 0.191 billion. According to statistics, since being included in the Stock Connect for 46 trading days, the southbound funds have cumulatively net purchased alibaba 71.38226 billion Hong Kong dollars. (According to Gelo Hong Kong Exchange)
Express News | Today, southbound funds had a net buy of 1.202 billion yuan. In the Hong Kong Stock Connect (Shanghai) segment, china mobile and ping an insurance received net buys of 0.364 billion HKD and 0.216 billion HKD respectively; meituan-W recorded the highest ne
U.S. stocks movement | alibaba pre-market up 1%, the continuously declining listed in hong kong stocks have stopped falling and rebounded, continuing to repurchase shares.
Grasp November 25th | Hong Kong stock alibaba, which has been falling continuously, rebounded by 1.55% today, driving alibaba (BABA.US) pre-market trading up by 1%. In terms of news, the company spent approximately $39.9927 million on November 21 to repurchase 3.7272 million shares. In addition, on November 21, alibaba group CEO Wu Yongming sent an email to all employees, announcing the establishment of alibaba e-commerce business group. (grasp)
PDD's Valuation Takes Hit From Competition, Temu's Expansion Cost -- Market Talk
Express News | Hangzhou Metro Group has reached a strategic cooperation agreement with Alibaba Cloud.
Express News | Follow-up on the adjustment of Alibaba's e-commerce organization and some other details.