Group 1 - The core viewpoint indicates a significant slowdown in southbound capital inflows since late April, with net outflows observed on 5 out of the last 10 trading days, contrasting sharply with the rapid inflows seen from February to mid-April [1] - As of the end of Q1, the domestic actively managed equity funds' holdings in Hong Kong stocks reached a historical high of 30.8%, suggesting that institutional "bullets" may not be as plentiful as previously thought [1] - The estimated incremental southbound capital for the year is projected to be around HKD 200-300 billion, with total inflows expected to reach approximately HKD 800-1,000 billion for the year [1] Group 2 - In the recent week, there was a cumulative net inflow of HKD 7.27 billion over four trading days, significantly higher than the HKD 1.24 billion inflow in the three trading days before the May Day holiday, with an average daily inflow of HKD 1.82 billion compared to HKD 0.41 billion the previous week [2] - The stocks with the highest inflows included Meituan, China Construction Bank, and Alibaba, while Tencent, Xiaomi Group, and SMIC saw the most selling [2] Group 3 - According to EPFR data, there was an expansion in active foreign capital outflows, with USD 0.4 million flowing out of A-shares and USD 1.2 million from Hong Kong stocks and ADRs, indicating a shift in fund focus towards China and emerging markets [3] - Conversely, passive foreign capital turned to inflows, with USD 2.6 million flowing into A-shares and USD 3.7 million into Hong Kong stocks and ADRs, primarily from funds focused on China, emerging markets, and global markets [3] - As of the end of March, the allocation of major global active funds to China was 6.8%, down from 13% in early 2018 and 15% in early 2021, indicating a slight increase from 6.5% at the end of February but still reflecting a low allocation compared to benchmarks [3]

北京时间5月6日晚，美股三大指数集体高开，道指涨0.5%，纳指涨0.27%，标普500指数涨0.68%。 美国科技七巨头集体上涨。特斯拉涨超2%；谷歌、亚马逊、脸书、微软涨超1%；苹果、英伟达分别上涨0.79%、0.78%。 | < W | 万得美国科技七巨头指数(MAGS) | | | | --- | --- | --- | --- | | 47818.33 622.81 +1.32% | | | | | 老版 成分 | 资讯 | 相关基金 | | | 名称 | 现价 | 涨跌幅 ◆ | li | | 特斯拉(TESLA) | 282.110 | 2.13% | | | TSLA.O | | | | | 谷歌(ALPHABET)· | 155.042 | 1.47% | | | GOOG.O | | | | | 脸书(META PLATF | 605.805 | 1.51% | | | META.O | | | | | 亚马逊(AMAZON) | 191.080 | 1.26% | | | AMZN.O | | | | | 微软(MICROSOFT | 440.000 | 1.53% | | | MSFT. ...

智通财经5月8日电，截至目前，南向资金净卖额达10亿元。 ...

截至目前，南向资金净卖额达10亿元。 ...

恒生指数收盘涨0.13%，恒生科技指数跌0.75%。医药股跌幅居前，百济神州跌近8%，药明生物跌近 7%，药明康德跌近3%。南向资金净卖出78.66亿元。 ...

南向资金净卖出超50亿元。 ...

智通财经5月7日电，截至目前，南向资金净卖出额达20亿港元。 ...

恒生指数高开2.24%，恒生科技指数涨2.72%。快手涨超5%，龙湖集团涨5%，友邦保险、阿里健康涨超 4%。 关于港股后市 据中国证券报，对于2025年以来南向资金整体大幅净流入的情况，中金公司海外策略首席分析师刘刚表 示，本轮南向资金大举流入的过程中，ETF资金的流入非常强劲，这背后可能存在不少个人投资者通过 ETF配置港股的情况。据刘刚测算，今年后续相对确定的南向资金增量大概在2000亿港元至3000亿港元 区间，预计全年累计净流入区间为8000亿港元至10000亿港元。 对于外资未来是否加码港股市场这一问题，华泰证券首席宏观经济学家易峘表示，海外流动性短期 或"易松难紧"，对港股难形成负面制约。4月，海外投资者购买日本债券和股票的规模创1996年以来最 高，这或意味着全球资金正寻求美国资产替代品。港元汇率近期持续走强，港美利差空间缩窄但港元强 势不改表明港股或存全球资金再配置需求。 本文转载自"腾讯自选股"；智通财经编辑：刘家殷。 华泰证券首席宏观经济学家易峘认为，近期美国方面释放关税谈判信号，短期贸易冲突或存降级空间， 风险偏好提振下港股或迎来重定价窗口。展望后市，短期贸易冲突悲观情绪缓和、中期港股 ...

从连续性进行统计， 有2只股获南向资金连续3天以上净买入，连续净买入天数较多的有美团-W、阿里 巴巴-W，连续净买入天数分别为7天、3天。以其间净买入金额统计，净买入金额最多的是美团-W，合 计净买入为84.34亿港元，其次是阿里巴巴-W合计净买入为18.08亿港元。（数据宝） 5月6日南向资金成交活跃股 | 代码 | 简称 | 成交金额（万港元） | 成交净买入（万港元） | 今日涨跌幅（%） | | --- | --- | --- | --- | --- | | 02800 | 盈富基金 | 466621.18 | 455114.61 | 0.79 | | 03690 | 美团-W | 744054.99 | 345619.90 | 4.53 | | 02828 | 恒生中国企业 | 233054.18 | 231144.93 | 0.35 | | 09988 | 阿里巴巴-W | 610175.84 | 150310.99 | 1.48 | | 00939 | 建设银行 | 115959.09 | 52407.41 | 0.63 | | 00568 | 山东墨龙 | 125123.70 | 5017.2 ...

Group 1 - Southbound funds recorded a net purchase of 13.476 billion HKD today [1] - The Yingfu Fund and Meituan-W received net purchases of approximately 4.551 billion HKD and 3.456 billion HKD respectively [1] - Xiaomi Group-W experienced a net sell-off of approximately 0.492 billion HKD [1]