Southbound Funds Record Net Sell-off of 2.467 Billion Yuan in Hong Kong Stocks

Southbound funds experienced a net sell-off totaling 2.467 billion yuan today. According to Jin10, within the Hong Kong Stock Connect (Shanghai), the Tracker Fund of Hong Kong and Alibaba-W saw net sell-offs of 1.228 billion HKD and 780 million HKD, respectively. Tencent Holdings led in net buying, with an amount of 437 million HKD. In the Hong Kong Stock Connect (Shenzhen), the Tracker Fund of Hong Kong and Southern Hang Seng Technology recorded net sell-offs of 2.618 billion HKD and 1.338 billion HKD, respectively, while Tencent Holdings again topped net buying with 172 million HKD.