Group 1 - Southbound funds net bought Hong Kong stocks worth 35.78 billion HKD on May 28, with notable purchases including Meituan-W (10.74 billion HKD), China Mobile (5.97 billion HKD), and CNOOC (5.64 billion HKD) [1] - Southbound funds have continuously net sold Alibaba for 7 days, totaling 46.8408 billion HKD, while net buying Meituan for 9 consecutive days, amounting to 89.4159 billion HKD [1] Group 2 - Meituan's flash sale event for the 618 promotion saw overall sales of liquor exceed 300 million HKD within 12 hours, achieving over 200 times growth compared to last year [3] - CNOOC announced the safe production launch of its Mero4 project in Brazil, which includes 12 development wells and utilizes a traditional deepwater oil field development model [3] - Nomura's report on SMIC indicated strong local demand in Q1, but average selling prices (ASP) were negatively impacted, with a projected revenue decline of 4-6% in Q2 [3]

资金从何而起 - 港股资金跟踪 20250518 摘要 • 截至 2025 年 5 月 13 日，港股市场外资持股市值占比仍超过 60%，但长 线稳定型外资占比从 2020 年 9 月的 52%下降到 43%，短线灵活性外资 占比从 23%下降到 19%，表明外资结构发生变化。 • 长线稳定型外资持股市值约 11.6 万亿港元，香港上海汇丰银行占比达 86%，主要集中在保险业、零售、软件服务等行业；短线灵活性外资持股 市值约 5.2 万亿港元，花旗银行占比达 42%，偏好消费者服务、技术硬件 及耐用消费品等行业。 • 内资在港股市场地位稳步提升，截至 2025 年 5 月 13 日，中国大陆及香 港资金持有市值占比从 2020 年的 16%提升至 18%，南下资金持有市值 占比从 8%提升至 20%，内资在部分领域取得边际定价权。 • 截至 2025 年 2 月，"沪深港通"双边每日成交额达到 2.6 万亿港币，占 整个港交所成交额超过 20%，显著高于 2020 年的不到 10%，表明内资 参与度显著提高。 • 内资本在电信服务、能源、医疗设备等领域持仓比例更高，本地或大陆本 地资金则在半导体、运输及资本货 ...