Meituan-W received southbound capital for 9 consecutive weeks.

This week, the main stock indices in the Hong Kong stock market fluctuated and rose. The Hang Seng Index accumulated a 2.84% increase, while the Hang Seng Tech Index surged by 5.53%. According to Securities Times Data Treasure statistics, this week the total net inflow of southbound funds amounted to 21.456 billion Hong Kong dollars, a decrease of 18.6% from the previous week; the total buy and sell amount for the week reached 665.426 billion Hong Kong dollars, a slight decrease of 2.17% from the previous week. Looking at the top ten active stocks from a week ago, this week 27 stocks made the list, with Alibaba-W having the highest total turnover in the Hong Kong stock connect, reaching 34.845 billion Hong Kong dollars; China International Capital Corporation and Xiaomi Group-W also had total turnover in the Hong Kong stock connect exceeding 20 billion Hong Kong dollars. In terms of net buying amount, Meituan-W had the highest net buying amount from southbound funds this week, reaching 3.534 billion Hong Kong dollars. Meituan-W rose by 6.08% this week, receiving net buying from southbound funds for the 9th consecutive week, with a holding of 976 million shares, accounting for 15.97% of the total Hong Kong stock shares and reaching a historical high.