Southbound funds sold a net of HK$20.4 billion in Hong Kong stocks, reaching a record high, significantly reducing positions in Ying Fu Fund and Hang Seng China Enterprises Index.

date
29/08/2025
Today, southbound funds net sold 20.441 billion Hong Kong dollars of Hong Kong stocks, the largest single-day net selling amount in history. Among them: net purchases of SMIC 0.892 billion, Kangfang Biology 0.511 billion, Huahong Semiconductor 0.463 billion, China Life 0.383 billion, Meituan-W 0.333 billion, Alibaba-W 0.329 billion, CNOOC 0.253 billion, Horizon Robotics-W 0.241 billion, and Jingtai Holdings 0.224 billion; net sales of Yingfu Fund 11.89 billion, Hang Seng China Enterprises 4.776 billion, Tencent Holdings 0.583 billion, Xiaomi-W 0.299 billion.