60% of the 'rebound fruit' has been eroded, who is currently increasing their holdings in Hong Kong stocks in the opposite direction?
Since October 8th, the once "unrivaled globally" Hong Kong stock market has retraced nearly 60% of the gains from the rebound trend from September 24, 2024 to October 7, 2024.
Capital Flow | Beishui aggressively sold tracker fund of hong kong for over 5.7 billion Hong Kong dollars, continuously increasing positions in Tencent by over 4 billion Hong Kong dollars for 4 consecutive days.
Track the latest trends of southbound funds.
New stock news | It is rumored that China United Data plans to list in Hong Kong, with an estimated valuation of over 0.5 billion US dollars.
According to media reports, Zdata Technologies Co. plans to go public in Hong Kong. The company valuation may exceed 0.5 billion USD (approximately 3.9 billion HKD).
A potential increase of up to 40%! Meituan's stock price has fallen for several days, and foreign banks are raising their target price for next year against the trend.
①What is the reason for the rebound in Meituan's stock price today? ②Why did Morgan Stanley raise the target price of Meituan?
Capital movement | Beishui aggressively increased its holdings of Tencent by over 1.7 billion Hong Kong dollars, selling Meituan for three consecutive days.
Track the latest trends of southbound funds.
Guosen Securities: Holiday optimization effectively expands domestic demand, focusing on related travel industry chain and local consumption.
After the May Day holiday in 2023, the number of tourists in our country exceeded the same period in 2019, with the total number of holiday travelers accounting for 33% of the whole year, also significantly higher than the approximately 27% in 2019. It is expected that the trend of 'peak season getting busier' will continue.
