Ge Long Hui·2026-02-05 12:16Group 1 - Southbound funds net bought HK stocks worth HKD 24.977 billion, marking the largest single-day net purchase since August 15, 2025 [1] - Notable net purchases included: HKD 4.576 billion in the Tracker Fund, HKD 5.578 billion in Tencent, HKD 1.553 billion in Alibaba, and HKD 1.239 billion in China Life [1] - Continuous net buying trends observed for Xiaomi (HKD 3.430 billion over 6 days), Tencent (HKD 11.068 billion over 4 days), and China Mobile (HKD 1.322 billion over 3 days) [3] Group 2 - Alibaba's "Qianwen Spring Festival Treat Plan" will launch with a budget of HKD 3 billion, focusing on promotions and cash red envelopes [4] - Meituan plans to acquire Dingdong, a leading fresh e-commerce company in mainland China, for USD 717 million, integrating its financial performance into Meituan's reports [4] - Oriental Selection reported a total revenue of RMB 2.3 billion for the mid-term ending November 2025, a 5.7% year-on-year increase, with a net profit of RMB 239 million, indicating a turnaround [4] Group 3 - AMD's disappointing earnings led to a stock price drop of over 16%, the largest decline since 2018, raising concerns about the impact of AI on traditional IT service companies [5]