Beishui added Meituan for the 24th consecutive day and sold Tencent today; Nanshui bucked the market and bought China Merchants Bank

On Monday, May 16, Nanxia Fund bought a net 1.932 billion Hong Kong dollars today, the 6th consecutive day of net buying. CNOOC, Meituan-W and Great Wall Motor received net purchases of HK$548 million, HK$471 million and HK$281 million respectively. Tencent Holdings ranked first in net sales, with an amount of 311 million Hong Kong dollars, ending the previous 4 consecutive trading days of net purchases (a total of about 3.869 billion Hong Kong dollars).

Note: Since March 28, Nanxia Fund has bought Meituan on a net basis for 24 consecutive trading days, with a total of approximately HK$18.565 billion.

Northbound funds sold a net 7.826 billion yuan unilaterally today. Wuliangye, Poly Development, and Sungrow were net sales of 500 million yuan, 293 million yuan, and 280 million yuan respectively; China Merchants Bank bucked the trend with a net purchase of 280 million yuan.

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