Tencent, Meituan and HKEX were top three losers on Wednesday as mainland funds headed for the southbound exits. Photo: Shutterstock Tencent, Meituan and HKEX were top three losers on Wednesday as mainland funds headed for the southbound exits. Photo: Shutterstock
Tencent, Meituan and HKEX were top three losers on Wednesday as mainland funds headed for the southbound exits. Photo: Shutterstock

Tencent, Meituan, HKEX top Hong Kong stock losers as southbound connect sees first net selling since mid-December

  • Mainland investors were net sellers of HK$20 billion worth of Hong Kong stocks on Wednesday, a trend that may persist in the short term
  • Tencent, Meituan and Hong Kong Exchanges & Clearing became top losers from biggest beneficiaries, may be instructive as sentiment swings

Topic |   Hong Kong Stock Exchange
Tencent, Meituan and HKEX were top three losers on Wednesday as mainland funds headed for the southbound exits. Photo: Shutterstock Tencent, Meituan and HKEX were top three losers on Wednesday as mainland funds headed for the southbound exits. Photo: Shutterstock
Tencent, Meituan and HKEX were top three losers on Wednesday as mainland funds headed for the southbound exits. Photo: Shutterstock
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