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Southbound Capital Surges into Tencent and Alibaba on First Day of Stock Connect Expansion, Exceeding Expectations: Impact on Hang Seng Index Weights
On the first day of the Stock Connect expansion, southbound capital saw significant net inflows into tech giants like Tencent and Alibaba, surpassing market expectations. This article analyzes the capital flow logic, the impact on Hang Seng Index weights, and future outlook.