Alibaba rose nearly 4% to a 1-year high, with net inflows from the south exceeding 20 billion in the past 5 days

Zhitong
2024.09.20 03:13

Alibaba-W rose 3.85% to HKD 89 at one point during the trading session, hitting a new high since September 7, 2023, with a nearly 20% increase year-to-date. Mainland investors bought a net of HKD 3.683 billion worth of Alibaba shares yesterday. According to statistics, in the past 5 trading days since being included in the Stock Connect program, mainland investors have been net buyers of Alibaba for 5 consecutive days, totaling HKD 20.106 billion

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