Ge Long Hui·2026-02-11 12:19Group 1 - Southbound funds net bought Hong Kong stocks worth HKD 4.816 billion on February 11, with notable net purchases in Tencent Holdings (HKD 735 million), Zijin Mining International (HKD 191 million), Meituan-W (HKD 162 million), Pop Mart (HKD 144 million), and China National Offshore Oil Corporation (HKD 122 million) [1] - Significant net sales were observed in Alibaba-W (HKD 520 million), SMIC (HKD 390 million), China Life (HKD 246 million), Yangtze Optical Fibre and Cable (HKD 159 million), and Xiaomi Group-W (HKD 100 million) [1] Group 2 - Meituan announced plans to invest approximately USD 717 million to acquire Dingdong Group's "Dingdong Grocery" business in China, which Morgan Stanley believes will create synergies with Meituan's existing Xiaoxiang Supermarket and strengthen its position in the fresh food delivery market in East China [5] - CNOOC is influenced by geopolitical tensions, particularly regarding U.S.-Iran relations, which may affect short-term oil price volatility [5] Group 3 - Xiaomi is rumored to use the Snapdragon 8 Elite Gen6 for its standard version, with potential costs exceeding USD 300, approximately CNY 2074, amid rising DRAM and NAND prices increasing pressure on smartphone manufacturers [7] Group 4 - Lion Group Holdings is positioned to benefit from Hong Kong's growing status as a global Web3 and cryptocurrency innovation hub, supported by the implementation of the Stablecoin Regulation and the upcoming issuance of licenses for stablecoin issuers [6]