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Hang Seng Index Breaks Key Support as Southbound Funds Defy Trend to Boost Tencent and Alibaba: Market Sentiment and Capital Flow Analysis
The Hang Seng Index has fallen below a critical support level, pressuring market sentiment. Southbound capital is counter-trend increasing holdings in Tencent and Alibaba, focusing on tech leader valuation recovery and long-term positioning. This article analyzes the logic behind capital flows and future outlook.