On Friday, southbound Capital bought a net HK $3.16 billion today. Meituan-W, Wuxi Biologics and Tencent received a net purchase of HK $700 million, HK $591 million and HK $391 million respectively. In terms of net sales, Hong Kong Exchanges and Clearing, China Mobile Limited and Country Garden Services Holdings received net sales of HK $665 million, HK $213 million and HK $163 million respectively.
Northbound funds quickly entered the market in the morning to sweep the goods, and trading became light in the afternoon, with a net purchase of 6.385 billion yuan throughout the day. This week, northbound funds sold a total of 6.412 billion yuan, net selling for two consecutive weeks, for the first time since September 2021.
Shaanxi Coal Industry, Longji shares and Zijin Mining Group ranked among the top three net purchases, with net purchases of 534 million yuan, 450 million yuan and 347 million yuan respectively.
The first three shares sold net were Ping An Insurance, Northern Huachuang and Oriental Wealth, which received a net sale of 490 million yuan, 403 million yuan and 363 million yuan respectively.
