Capital flow | Northern money wildly purchased Tencent for over 1.2 billion Hong Kong dollars, continuously increasing the stake in China Mobile by over 4.4 billion Hong Kong dollars for 8 consecutive days.

Net Sell of CNOOC 0.25 billion, GCL TECH 0.117 billion.

Gelonghui Finance05:08 ET

Northern capital trends | Northern capital recorded a net Buy of 2.07 billion, domestic funds continue to chase high-dividend central state-owned enterprises, increasing holdings in CHINA MOBILE (00941) by nearly 0.6 billion Hong Kong dollars.

On December 18th in the Hong Kong stock market, northbound trading recorded a net Buy of 2.07 billion HKD, among which SH->HK Connect had a net Buy of 2.693 billion HKD, and SZ->HK Connect had a net Sell of 0.623 billion HKD.

Zhitong FinanceDec 18 04:47 ET

[Special Commentator] Deng Shengxing: Investors are concerned that the Federal Reserve will pause interest rate cuts in January next year, encountering resistance in the Hong Kong stock market before reaching the 20,000 mark.

Kingwo Financial News | The Hang Seng Index closed at 19,700 on Tuesday (17th), down 95 points or 0.5%. The total market turnover for the day was 132 billion HKD. The National Index fell by 27 points or 0.4% to 7,105. The Technology Index decreased by 25 points or 0.6% to 4,389. "Central China Estimate" continues to improve, CNOOC (00883) rose by 1.7%; as Trump’s inauguration date approaches, Bitcoin prices have touched up to 0.107 million USD per coin, reaching new highs, Hua Xia Bitcoin (03042) increased by another 1.4%. The Dow Jones Industrial Average closed at 43,449 points on Tuesday (17th), down 267 points or 0.61%. The S&P 500 dropped by 0.3.

Jingwu Financial NewsDec 17 19:45 ET

Capital movement | Northern funds increase positions in dividend stocks! Buy CHINA MOBILE over 0.8 billion, Sell Meituan, Tencent.

Southbound capital had a net Sell of 0.387 billion Hong Kong dollars in Hong Kong stocks.

Gelonghui FinanceDec 16 06:04 ET

The three major operators are going against the trend; China United Network Communications (00762) increased by 3.11%. Institutions indicate that the "going cloud" initiative among state-owned enterprises is driving the development of proprietary Cloud Co

Jinwu Financial News | The three major telecom operators are rising against the trend, with China United Network Communications (00762) up 3.11%, CHINA TELECOM (00728) up 2.76%, and CHINA MOBILE (00941) up 1.69%. On the news front, Bank of China International stated that the contribution of cloud business to revenue and profit continues to drive the growth of Chinese telecom companies. Cloud and AI services are becoming the only sustainable driving force for the revenue and EBITDA of Chinese telecom companies. CHINA TELECOM (and China United Network Communications) recorded stable year-on-year growth in EBITDA profit margins for two quarters this year. The bank believes that as state-owned enterprises and local governments gradually transfer their business.

Jinwu Financial News.Dec 16 00:48 ET

Hong Kong stock market changes | The three major operators have gained ground against the trend. State-owned enterprises and local governments are gradually moving their Business to the cloud. Cloud-based services continuously drive revenue growth for com

The three major telecom operators rose against the trend. As of the time of writing, China United Network Communications (00762) rose by 2.81%, trading at 6.94 HKD; CHINA TELECOM (00728) rose by 2.76%, trading at 4.84 HKD; CHINA MOBILE (00941) rose by 1.55%, trading at 75.2 HKD.

Zhitong FinanceDec 15 22:13 ET