Group 1 - The Hong Kong stock market is experiencing weakness, but southbound funds are significantly buying in, with a net purchase amount exceeding 4 billion [1] - The Hang Seng China Enterprises ETF (159960) has seen a slight increase of 0.1%, with mixed performance among constituent stocks; JD.com (09618) leads with a rise of 3.13%, while NetEase (09999) falls by 2.41% [1] - The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to between 4.00% and 4.25%, with expectations of an additional 50 basis points cut by year-end [1] Group 2 - According to China Merchants Securities, the Hong Kong market is primarily driven by liquidity, and with ample internal and external liquidity, a new round of increases is expected [1] - Factors contributing to the easing of liquidity constraints in September include the Fed's rate cut, improved funding conditions in Hong Kong, continuous inflow of southbound funds, and the resolution of profit concerns following interim reports [1] - The Hang Seng China Enterprises Index (HSCE) includes major companies such as Alibaba (09988), Tencent (00700), and Xiaomi (01810), with the top ten stocks accounting for 55.76% of the index [2]
午后港股走弱，南向资金净买入额超40亿港元
Sou Hu Cai Jing·2025-09-19 05:48