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Alibaba-W Surges as Southbound Capital Net Buys HKD 1.19 Billion Amid Market Headwinds

36KrOctober 14, 20261 min read

Southbound capital net sold HKD 135 million, with SMIC, YOFC, and Xiaomi Group-W seeing net sales of HKD 785 million, HKD 493 million, and HKD 487 million respectively. In terms of net buying, Alibaba-W, Kangfang Biopharma, and Meituan-W led the pack with net purchases of HKD 1.19 billion, HKD 772 million, and HKD 278 million respectively. (First Financial)

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