Ge Long Hui A P P·2025-10-31 10:12Group 1 - The core point of the news is that southbound funds have net bought Hong Kong stocks worth 8.719 billion HKD today, with notable purchases in Xiaomi and Meituan, while there were significant sell-offs in Tencent and other companies [1] - Southbound funds have consistently net bought Xiaomi for three consecutive days, totaling 883.69 million HKD, and Meituan for three consecutive days, totaling 1.43718 billion HKD [1] - Conversely, southbound funds have net sold Tencent for three consecutive days, totaling 1.8394 billion HKD, and ZTE for three consecutive days, totaling 717.69 million HKD [1] Group 2 - In the Shanghai Stock Connect, Alibaba-W saw a decline of 4.1% with a net outflow of 481 million HKD, while Xiaomi Group-W experienced a net inflow of 556 million HKD despite a 2.2% drop [3] - Semiconductor companies like SMIC and Hua Hong Semiconductor faced net outflows of 78 million HKD and 167 million HKD respectively, with SMIC declining by 5.3% [3] - Meituan recorded a net inflow of 230 million HKD with a 4.0% increase, indicating positive investor sentiment [3]