Ge Long Hui A P P·2025-10-30 11:08Core Insights - Southbound funds net bought Hong Kong stocks worth HKD 13.641 billion on October 30, with notable purchases in the Tracker Fund of Hong Kong and Alibaba [1] - Continuous net buying trends observed in specific stocks, including SMIC and Hua Hong Semiconductor, indicating investor confidence [3] Group 1: Southbound Fund Activity - Net purchases included Tracker Fund of Hong Kong (HKD 4.633 billion), Alibaba (HKD 0.875 billion), Meituan (HKD 0.805 billion), and others [1] - Net sales included ZTE Corporation (HKD 0.323 billion), Ganfeng Lithium (HKD 0.306 billion), and Tencent Holdings (HKD 0.264 billion [1][3] Group 2: Company-Specific Developments - Alibaba announced a price adjustment for certain cloud server products and signed a strategic cooperation agreement with Haier Group focusing on AI and cloud [4] - Meituan issued five tranches of USD and RMB-denominated senior notes, raising over HKD 23.2 billion for refinancing and general corporate purposes [4] - China National Offshore Oil Corporation (CNOOC) reported revenue of CNY 312.5 billion and net profit of CNY 101.97 billion for the first three quarters of 2025, with a 6.7% increase in oil and gas production [4] - ZTE Corporation reported Q3 revenue of CNY 28.967 billion, a 5.11% year-on-year increase, but a significant decline in net profit by 87.84% [5]