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MarketsHong KongNews brief

Tencent's Four-Day Southbound Net Buying Totals HK$5.071 Billion, Shares Rise 9.66%

Tencent Holdings recorded net buying from southbound funds for four consecutive sessions, with cumulative net buying of HK$5.071 billion and a 9.66% rise in its share price over the period. On August 3, the most active Stock Connect stocks posted total turnover of HK$51.615 billion and net buying of HK$10.385 billion. Tencent's Stock Connect turnover was HK$11.113 billion, with net buying of HK$2.432 billion that day, extending its streak of net buying to four days.

Tencent Holdings was net bought by southbound funds for four consecutive days, with cumulative net buying of HK$5.071 billion and a cumulative share price rise of 9.66%.