Southbound funds saw a net sell-off of 1.376 billion yuan today. Within the Shanghai-Hong Kong Stock Connect, Tracker Asset Management and Xiaomi Group-W saw net sales of HK$2.352 billion and HK$887 million, respectively. Tencent Holdings led the way with net purchases of HK$333 million. Within the Shenzhen-Hong Kong Stock Connect, Xiaomi Group-W and Meituan-W saw net sales of HK$637 million and HK$163 million, respectively. Alibaba-W led the way with net purchases of HK$623 million.

2025-08-25 17:32:23

Meituan Alibaba Xiaomi Tencent

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Musk: Tesla Autopilot V14 will be released next month.
                            2025-08-21

                                    Fitch: US economic activity is expected to remain at a subdued level of 1.5% in 2026 as policy uncertainty and high inflation will have a negative impact on consumer spending.
                            2025-08-23

                                    According to the Wall Street Journal: Bank of America has set aside $4 billion to develop new technologies such as artificial intelligence.
                            2025-08-20

                                    Southbound funds saw a significant net inflow of 7.461 billion yuan today. On the Shanghai-Hong Kong Stock Connect, Tencent Holdings and Xiaomi Group-W saw net inflows of HK$1.618 billion and HK$828 million, respectively. SMIC led the way in net sales, with HK$330 million. On the Shenzhen-Hong Kong Stock Connect, Meituan-W and Xiaomi Group-W saw net inflows of HK$602 million and HK$446 million, respectively. Tracker Fund of Asset Management led the way in net sales, with HK$825 million.
                            2025-08-21

                                    Baidu Group: Total revenue reached 32.7 billion yuan, with Baidu's core net profit increasing by 35%, exceeding expectations.
                            2025-08-20