News: 2024.04.17
According to the latest financial reports, the Hong Kong Stock Connect Tray Fund had a net outflow of HK$5.061 billion. This indicated a decline in investor confidence in TraFCO, leading to significant outflows from the fund.
At the same time, the net southbound flow of North Water flowed into Tencent, China Mobile and Xiaomi Group, amounting to HK$805 million, HK$691 million and HK$286 million respectively. These companies performed strongly in the Hong Kong stock market and attracted large inflows of capital.
Tencent is a well-known technology company with solid performance that has attracted the attention of investors. The southbound net inflow of North Water was HK$805 million, showing that investors’ confidence in Tencent continues to increase.
China Mobile is one of China's largest telecom operators and its stable profitability has attracted investors. The southbound net inflow of North Water was HK$691 million, indicating that investors are optimistic about China Mobile's future prospects.
Xiaomi Group is an emerging technology company that has attracted the attention of investors for its innovative products and strong growth potential. The net inflow of HK$286 million from North Water to the south shows that investors have confidence in the future development of Xiaomi Group.
In general, the capital flow situation in the Hong Kong Stock Connect market is always changeable. Investors should pay close attention to market dynamics and promptly adjust their investment strategies to respond to market changes.