Financials Aug 06, 2021 09:17 AM (GMT+8) · EqualOcean
Since the second half of the year, affected by multiple factors, the share prices of leading Internet stocks in Hong Kong, including Tencent holdings and meituan, have fallen continuously. Domestic capital that went south on a large scale at the beginning of the year has also concentrated on reducing the holdings of these targets in the near future. While the share prices of Hong Kong's leading Internet stocks have been significantly adjusted, some overseas long-term funds have begun to layout against the trend. According to the data of the Hong Kong stock exchange, Baiji investment increased its holdings of 9.464 million shares of meituan on July 28, with an average purchase price of HK $202, involving an amount of about 1.589 billion yuan.

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