Southbound funds today made a significant net purchase of 12.87 billion yuan.

Southbound funds saw a significant net purchase of 12.887 billion RMB today. In terms of Hong Kong stock connect (Shanghai), Alibaba-W and Tencent Holdings were net purchased for 1.327 billion HKD and 1.071 billion HKD respectively; China Life Insurance was the top net seller with an amount of 262 million HKD. In terms of Hong Kong stock connect (Shenzhen), Tencent Holdings and Alibaba-W were net purchased for 1.097 billion HKD and 930 million HKD respectively; Pop Mart was the top net seller with an amount of 237 million HKD.