CCB(601939) 格隆汇·2025-05-22 10:57Group 1 - The net buying and selling activities of various stocks indicate a trend where significant funds are flowing out of Tencent and Xiaomi, while there is a notable interest in China Construction Bank and Meituan [1][4] - Southbound funds have continuously net sold Tencent for 13 days, totaling 160.9914 million HKD, and have net sold Xiaomi for 5 days, totaling 18.4065 million HKD [1] - China Construction Bank has seen a net buying of 64.3774 million HKD over 8 consecutive days, while Meituan has experienced a net buying of 30.2429 million HKD over 5 days [1] Group 2 - Meituan's shareholding by BlackRock increased from 5.92% to 6.02% as of May 16 [6] - The popularity of the new Labubu 3.0 plush product from Pop Mart has led to long queues in stores globally, with significant price premiums on secondary markets [6] - Xiaopeng Motors reported a revenue of 15.81 billion CNY for Q1 2025, a year-on-year increase of 141.5%, and expects Q2 revenue between 17.5 billion to 18.7 billion CNY, reflecting a growth of 115.7% to 130.5% [7] Group 3 - BlackRock's stake in Alibaba decreased from 5.12% to 4.97% as of May 16 [8] - Sangfor Technologies has raised its target price for 3SBio to 28.32 HKD, citing the global potential of its product 707 [9] - Xiaomi has seen a significant increase in short selling, with the number of shares shorted rising from 12.5862 million to 26.1416 million, a 107% increase [9]