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Northbound capital direction | Northbound capital net buying of 3.387 billion, e-commerce is expected to return to healthy competition. Northbound capital increased its stake in Alibaba (09988) by over 1.6 billion HKD.
On April 24, in the Hong Kong stock market, northbound capital had a net Buy of 3.387 billion HKD, among which the SH->HK Connect had a net Buy of 3.89 billion HKD, and the SZ->HK Connect had a net Sell of 0.503 billion HKD.
Market Chatter: Chinese Mutual Fund Holdings in Tencent Outshine CATL
CNOOC Energy Technology & Services' Q1 Profit Rises 18%, Operating Income Climbs 9%
Hong Kong stocks are moving differently | Petroleum stocks are performing weakly as OPEC+ plans to accelerate production increases, putting pressure on oil prices. Institutions expect a decline in profits for the three major oil companies in the first qua
The Petroleum stocks are performing weakly; as of the time of writing, Sinopec Shanghai Petrochemical (00338) has fallen by 4.96%, trading at HKD 1.15; CNOOC (00883) is down 2.45%, at HKD 16.74; Sinopec (00386) has decreased by 1.27%, at HKD 3.89.
Weekly Crude Inventories Rise Less Than Projected; Oil Prices Fall
Oil Drops on Oversupply Fears, Small U.S. Crude Stocks Build -- Market Talk
104065181 : Oil prices affect CNOOC more than HSI