值得关注的是，近期港股互联网ETF（513770）资金面持续升温，上交所数据显示，港股互联网ETF （513770）最新单日获资金净流入2.35亿元，近5日资金连续净流入4.18亿元。 港股互联网ETF（513770）及其联接基金（A类 017125；C类 017126）被动跟踪中证港股通互联网指 数，通过重仓港股互联网龙头，成为港股AI核心标的。数据显示，开年以来至7月末，中证港股通互联 网指数累计涨幅超35%，明显优于恒科指同期表现，领涨弹性突出。 8月22日，港股科网龙头走势较强，快手-W绩后领涨4%，小米集团-W涨超2%，腾讯控股重上600港 元，阿里巴巴-W跟涨。重仓港股互联网龙头的港股互联网ETF（513770）高开高走，场内价格现涨 1.29%，实时成交额1.8亿元。 | 分时 多日 ▼ | | | | F9 鼎前盘后 叠加 九转 画线 工具 @ 2 >> | | | | | | | 港股互联网ETF 2 买 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1183 | | ...

Group 1 - The core viewpoint of the articles highlights the strong performance of Hong Kong's internet sector, particularly after the earnings reports from major companies like Kuaishou, Xiaomi, Tencent, and Alibaba, which have positively influenced the market [1][3][5] - Kuaishou reported a Q2 revenue of 35 billion yuan, a year-on-year increase of 13.1%, and an adjusted net profit of 5.6 billion yuan, exceeding market expectations [3][6] - Bilibili's Q2 revenue reached 7.34 billion yuan, marking a 20% year-on-year growth, with both net profit and adjusted net profit hitting historical highs [3][6] Group 2 - The Hong Kong Internet ETF (513770) has seen significant inflows, with a net inflow of 235 million yuan in a single day and a total of 418 million yuan over the past five days, indicating strong investor interest [3][5] - The index that the ETF tracks has outperformed the Hang Seng Tech Index, with a cumulative increase of over 35% since the beginning of the year [5][6] - The top four holdings in the Hong Kong Internet ETF are Xiaomi, Tencent, Alibaba, and Meituan, which together account for 54.74% of the fund's total weight [6][7]

Short Selling Ratios - The top three stocks with the highest short selling ratios are Li Ning-R (100.00%), SenseTime-WR (98.29%), and Hang Seng Bank-R (95.38%) [1][2] - Other notable stocks with high short selling ratios include JD Health-R (91.13%) and China Resources Beer-R (90.75%) [2] Short Selling Amounts - The stocks with the highest short selling amounts are Meituan-W (2.526 billion), Xiaomi Group-W (1.858 billion), and Tencent Holdings (1.768 billion) [1][2] - Alibaba-SW and BYD Company also feature prominently with short selling amounts of 1.172 billion and 1.073 billion respectively [2] Short Selling Deviation Values - The stocks with the highest deviation values are SenseTime-WR (46.55%), Geely Automobile-R (45.06%), and China Resources Beer-R (44.55%) [1][3] - Other significant stocks include Hang Seng Bank-R (44.19%) and China Merchants China Fund (42.05%) [3]

Market Overview - The Hang Seng Index (HSI) closed at 25,129.15, up by 24.54 points or 0.10% from the previous close [1] - The index reached a high of 25,167.65 and a low of 25,039.93 during the trading session [1] - The average trading price was 25,103.79, with a trading volume of 32.99 million [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 101.987, an increase of 1.08% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 597.451, up by 0.75% from the Hong Kong close [2] ADR Performance - Tencent Holdings (ADR) increased by 0.42% to USD 593.000, with an ADR conversion price of HKD 597.451, reflecting a gain of HKD 4.451 compared to the Hong Kong stock [3] - HSBC Holdings (ADR) rose by 1.41% to USD 100.900, with an ADR conversion price of HKD 101.987, showing an increase of HKD 1.087 compared to the Hong Kong stock [3] - Alibaba (ADR) decreased by 1.53% to USD 115.700, with an ADR conversion price of HKD 115.343, down by HKD 0.357 compared to the Hong Kong stock [3]

如果"闪拼"能借支付宝的流量与饿了么的履约体系形成协同，或许能在美团拼好饭的"城墙"上敲开一道 缝。 【#传阿里推出外卖特价拼团对标拼好饭#】阿里本地生活在"外卖大战"白热化阶段将再落一子。 Tech星球独家获悉，口碑将推出外卖美食特价拼团业务"闪拼"，会以小程序的形式内嵌在支付宝App 中，目前该业务小程序已完成开发，择日上线。 闪拼的出现，应该是阿里卡位外卖性价比市场的一次尝试，通过"特价拼团"模式切入价格敏感型用户群 体。这种"低价+社交裂变"的打法，既能吸引学生、下沉市场用户，又能通过"拼单凑单"提升客单价， 弥补传统外卖单量增长放缓的短板。 目前市场中存在的相似业务有美团的拼好饭，自2020年推出以来，其增速处于快速增长的状态。官方的 数据显示，在2024年二季度，其单日订单量峰值成功突破800万单，再到2025年7月12日订单量破3500 万。美团核心本地商业板块CEO王莆中直言，"拼好饭是一项极具价值的创新举措"。 但从业务自身看，社交裂变虽为"闪拼"的核心增长逻辑之一，可支付宝社交属性弱于微信，如何另辟蹊 径补齐短板将是一道需要解决的难题。 而且，美团拼好饭凭借庞大订单量，在商家议价、配送成本 ...

报道称，目前市场中存在的相似业务有美团的拼好饭，自 2020 年推出以来，其增速处于快速增长的状态。官方的数据显示，在 2024 年二季度，其单日订单 量峰值成功突破 800 万单，再到 2025 年 7 月 12 日订单量破 3500 万。美团核心本地商业板块 CEO 王莆中直言，"拼好饭是一项极具价值的创新举措"。 IT之家 8 月 21 日消息，据 Tech 星球报道，阿里本地生活在"外卖大战"白热化阶段将再落一子。口碑将推出外卖美食特价拼团业务"闪拼"，会以小程序的形 式内嵌在支付宝 App 中，目前该业务小程序已完成开发，择日上线。 IT之家查询获悉，目前入驻美团拼好饭的餐饮品牌已经超过 5000 个。截至 2025 年 7 月，全国已有超百万商家上线运营，拼好饭日订单量峰值超过 3500 万 单。过去一年，知名品牌上线拼好饭运营的门店数量同比增长 64%。 ...

| 代码 | 简称 | 类型 | 成交金额（万港元） | 成交净买入（万港元） | 日涨跌幅（%） | | --- | --- | --- | --- | --- | --- | | 00700 | 腾讯控股 | 港股通(沪) | 352682.92 | 161844.29 | 0.42 | | 00763 | 中兴通讯 | 港股通(沪) | 307773.02 | 19502.71 | 5.38 | | 01810 | 小米集团-W | 港股通(沪) | 305180.48 | 82808.55 | -2.28 | | 03690 | 美团-W | 港股通(沪) | 274431.03 | 78855.83 | -3.06 | | 09988 | 阿里巴巴-W | 港股通(沪) | 257665.26 | 23823.73 | -1.53 | | 09988 | 阿里巴巴-W | 港股通(深) | 251722.00 | -51989.58 | -1.53 | | 00981 | 中芯国际 | 港股通(沪) | 218961.92 | -32961.86 | -0.10 | | 00763 | 中兴通讯 | ...

Market Overview - On August 21, the Hang Seng Index fell by 0.24%, with southbound capital totaling HKD 137.57 billion in trading volume, including HKD 72.51 billion in buying and HKD 65.05 billion in selling, resulting in a net buying amount of HKD 7.46 billion [1] Southbound Trading Details - The southbound trading through Stock Connect (Shenzhen) had a cumulative trading volume of HKD 55.40 billion, with HKD 30.33 billion in buying and HKD 25.07 billion in selling, leading to a net buying amount of HKD 5.26 billion [1] - The southbound trading through Stock Connect (Shanghai) had a cumulative trading volume of HKD 82.16 billion, with HKD 42.18 billion in buying and HKD 39.98 billion in selling, resulting in a net buying amount of HKD 2.20 billion [1] Active Stocks - Tencent Holdings was the most actively traded stock with a total trading volume of HKD 52.66 billion and a net buying amount of HKD 18.71 billion, closing with a price increase of 0.42% [1][2] - Meituan-W had a total trading volume of HKD 45.05 billion and a net buying amount of HKD 13.91 billion, while Xiaomi Group-W had a trading volume of HKD 50.34 billion and a net buying amount of HKD 12.74 billion [2] - Alibaba-W experienced a total trading volume of HKD 50.94 billion with a net selling amount of HKD 2.82 billion, and the stock closed down by 1.53% [2] Continuous Net Buying - Tencent Holdings and Xiaomi Group-W were the only two stocks to receive continuous net buying from southbound capital for more than three days, with Tencent Holdings having a total net buying of HKD 55.72 billion over five days and Xiaomi Group-W with HKD 21.99 billion over three days [2]

Group 1 - The core competition in the consumer market this year is the food delivery battle among Meituan, JD.com, and Taobao, with platforms aggressively issuing coupons and discounts to attract consumers [1][2] - Goldman Sachs predicts that the market share in this food delivery battle may stabilize at Alibaba 4.5 : Meituan 4.5 : JD.com 1, indicating a shift in competitive dynamics [2] - Recent reports show that Taobao's flash purchase orders surpassed Meituan for the first time, highlighting the changing landscape of online consumption [2] Group 2 - The rise of flash purchases has significantly improved consumer quality of life, with a wide variety of products now available for quick delivery, indicating a new consumption model [5][19] - Consumer loyalty to major platforms is weakening, leading to increased price-driven behavior and multi-platform usage among consumers [8][10] - Data from iResearch shows that over 55% of respondents have tried JD's instant delivery, and 53% have used Taobao's flash purchase, reflecting the impact of competitive pricing [8] Group 3 - Taobao's flash purchase platform has gained a higher market share than Meituan, challenging the latter's long-held dominance in food delivery [13][16] - The entry of brands like Heytea into Taobao's flash purchase platform indicates a shift in supply-side dynamics, as more brands seek to leverage the growing market share of Taobao [14][16] - The competition is evolving from price sensitivity to a focus on both price and service experience, necessitating platforms to enhance their operational efficiency and service quality [12][28] Group 4 - The rapid growth of the food delivery market has led to increased earnings for delivery riders, with significant growth in active riders and income levels reported [26] - The competition among platforms is transitioning into a long-term battle for user retention and engagement, with a focus on optimizing local supply networks and delivery capabilities [28][29] - Meituan remains a leading player in the food delivery sector, but faces challenges from JD's entry and Taobao's strategic initiatives, which are reshaping the competitive landscape [29][30]

沪港通（南向）十大活跃成交公司 | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 阿里巴巴-W(09988) | 25.17 亿元 | -5.20 亿元 | | 中兴通讯(00763) | 21.25 亿元 | +4.35 亿元 | | 小米集团-W(01810) | 19.82 亿元 | +4.46 亿元 | | 美团-W(03690) | 17.61 亿元 | +6.02 亿元 | | 腾讯控股(00700) | 17.39 亿元 | +2.53 亿元 | | 南方恒生科技(03033) | 13.99 亿元 | +1.37 亿元 | | 老铺黄金(06181) | 10.64 亿元 | +2.56 亿元 | | 汇量科技(01860) | 10.35 亿元 | -2.27 亿元 | | 中芯国际(00981) | 9.20 亿元 | +1.41 亿元 | | 盈富基金(02800) | 8.28 亿元 | -8.25 亿元 | | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 腾讯控股(00700) | 35.27 亿元 | ...