Express News | Public offering professionals: The Hong Kong stock, real estate, and overall technology trends are driving the rise of equity FOF.
Hong Kong stocks quick glance | Hang Seng Index closes up nearly 1%, network technology and shipping stocks rise throughout the day, Tencent up nearly 4%, cosco shipping holdings up nearly 8%.
Most network technology stocks rose, tencent rose by 3.61%, meituan-w rose by 2.79%; shipping and ports stocks rose across the board, cosco shipping holdings rose by 7.97%, ooil rose by 5.01%; mobile game stocks performed well, cmge fell by 3.80%, tencent rose by 3.61%.
Hong Kong stocks midday review | Hong Kong stocks collectively rise, Hang Seng Index up more than 1%; network technology and rare earth metals concept stocks lead the gains, Tencent up more than 4%, jl mag rare-earth up over 38%
Network technology stocks rose, Tencent Holdings rose by 4.15%, Meituan-W rose by 3.89%; mobile game stocks went up, Tencent Holdings rose by 4.15%, idreamsky fell by 3.38%; nonferrous metals stocks rose together, jl mag rare-earth rose by 38.46%, China Aluminum International Engineering Corporation rose by 11.44%.
Express News | The Ministry of Commerce will work with relevant departments to introduce a batch of new policies in the consumer sector.
Data revealed | What did Beishui buy in October? Significantly increased holdings in alibaba by nearly 18 billion Hong Kong dollars, increased holdings in Xiaomi by nearly 6.3 billion Hong Kong dollars, sold more than 7 billion Hong Kong dollars of Meitua
In October, the cumulative net inflow of southbound funds reached as high as 83.815 billion Hong Kong dollars, nearly doubling from the previous month. It is worth noting that the daily net inflow intensity of southbound funds has also increased, with 10 trading days in October alone seeing a net inflow of over 5 billion Hong Kong dollars. In terms of trend, since July of last year, southbound funds have maintained a net inflow for 16 consecutive months, with a total inflow of 782.69 billion Hong Kong dollars during this period.
Express News | China's Caixin manufacturing PMI for October was 50.3, up from the previous value of 49.3.