Capital Trends | Northbound funds bought over 2.2 billion Hong Kong dollars of Hong Kong stocks, increasing positions in China Construction Bank Corporation and Alibaba.

Track the latest trends of southward capital.

Gelonghui FinanceMay 13 19:13

Northbound capital trends | Northbound capital net bought 2.262 billion, increased holdings in China Mainland Banking stocks such as China Construction Bank (00939), continued to sell Xiaomi Group (01810).

On May 13th in the Hong Kong stock market, the northbound funds had a net purchase of 2.262 billion Hong Kong dollars, among which the SH->HK Connect had a net purchase of 3.833 billion Hong Kong dollars, while the SZ->HK Connect had a net sale of 1.572 billion Hong Kong dollars.

Zhitong FinanceMay 13 17:51

Illustration | Net Buy of Southbound Funds in Hong Kong Stocks is 2.26 billion, increasing positions in China Construction Bank and Alibaba, and reducing positions in Tencent.

Today, southern funds net bought HK stocks worth 2.261 billion HKD. Among them: net buying of China Construction Bank Corporation 0.579 billion, Alibaba 0.533 billion, CNOOC 0.353 billion, CHINA MOBILE 0.32 billion, Industrial And Commercial Bank Of China 0.287 billion, and UBTECH 0.252 billion; net selling of TENCENT 0.663 billion, Semiconductor Manufacturing International Corporation 0.227 billion, POP MART 0.19 billion, XIAOMI-W 0.149 billion, and KUAISHOU-W 0.11 billion. According to the Statistics, southern funds have net sold TENCENT for six consecutive days, totaling 9.093 billion HKD; they have also net sold XIAOMI for six consecutive days, totaling 6.25939 billion HKD.

Gelonghui FinanceMay 13 17:48

Express News | Southbound funds had a slight net Buy of 2.262 billion Hong Kong dollars, with China Construction Bank Corporation, Alibaba-W, and CNOOC receiving net Buy amounts of 0.579 billion Hong Kong dollars, 0.533 billion Hong Kong dollars, and 0.353 billion Hong

BreakingsMay 13 17:34

Quick look at the Hong Kong market | All three major Indexes fell, with the Hang Seng Index down 1.87%, ending an 8-day rising streak, Network Technology stocks corrected, with Meituan down nearly 5%; Autos stocks were sluggish, with NIO down over 5%.

Network Technology stocks fell broadly, with MEITUAN-W down 4.91% and KUAISHOU-W down 4.62%; Lithium Battery stocks declined overall, with BYD Electronics down 7.11% and BYD Company down 4.76%; Autos stocks also dropped, with XPeng Inc. down 5.35% and NIO Inc. down 5.17%.

Futu NewsMay 13 16:35

Hong Kong Stock Market Midday Review | All three major Indexes fell, with the Tech Index down 2.99%; Network Technology stocks corrected, with Xiaomi and Meituan dropping over 4%; Apple Supplier stocks weakened, with BYD Electronics falling nearly 6%.

Network technology stocks corrected, XIAOMI-W fell by 4.25%, MEITUAN-W dropped by 4.08%; semiconductor stocks weakened, Semiconductor Manufacturing International Corporation fell by 4.27%, HUA HONG SEMI decreased by 3.94%; Lithium battery stocks saw many downtrends, BYD Electronics fell by 5.67%, BYD Company limited dropped by 3.18%.

Futu NewsMay 13 12:18