Southbound funds increase positions in Bank of China, Tencent, Xiaomi Finance News

Southbound funds bought a net HK$6.396 billion of Hong Kong stocks today, net buying for 25 consecutive days. Among them: net purchases of Bank of China 583 million, Tencent 440 million, Xiaomi 370 million, China Mobile 346 million, Li Auto 302 million, China...

Southbound funds continue to flow into the Hong Kong stock market

According to the latest data, Nanxia Capital continued to net buy Hong Kong stocks today, amounting to HK$6.396 billion, and has maintained a net buying trend for 25 consecutive days. This shows that investors' confidence in the Hong Kong stock market continues to increase and they are full of confidence in the development prospects of local companies.

Bank of China becomes a popular choice for southbound funds

Among the stocks net purchased by southbound funds, Bank of China has become one of the popular choices among investors, with a net purchase amount of HK$583 million. This shows that investors are optimistic about the future development of Bank of China and believe that the stock has great potential for appreciation.

Companies such as Tencent and Xiaomi are also favored

In addition to Bank of China, well-known companies such as Tencent and Xiaomi are also favored by southbound funds, with net purchases of HK$440 million and HK$370 million respectively. These companies have an important position in the technology industry and attract the attention and capital inflows of many investors.

Investors should pay close attention to the movement of funds heading south

For investors, the movement of southbound funds is an important reference indicator that can help them better grasp market trends and choose investment targets. Therefore, investors should pay close attention to the flow of southbound funds and investment preferences, and adjust their investment strategies in a timely manner.

• Companies such as China Mobile and Li Auto are also sought after by southbound funds, showing that investors are optimistic about the future development of these companies.
• The continued inflow of capital from the south will inject vitality into the Hong Kong stock market, promote the development of the local economy and increase the value of enterprises.