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0 0.000230822497499432 0.00138493498499659 0.00230822497499432 0.00276986996999318 -0.000538585827498601 0.000461644994998863 0.0012310533199969
Stock impact report

Mainland Traders Sell a Record $3.5 Billion of Hong Kong Stocks [Yahoo! Finance Canada]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Chinese onshore investors have been a crucial source of support for Hong Kong's equity market, snapping up a record amount last year. While their year-to-date net purchases still stand at HK$153.6 billion, patience is wearing thin as an AI-driven rally loses momentum, with major technology firms struggling to convert artificial intelligence spending into tangible earnings growth. As the conflict in Iran drags on, it's further dampening the appeal of Hong Kong stocks, which remain more sensitive to global fund flows. Meanwhile, policy priorities unveiled at the National People's Congress meeting have boosted the appeal of mainland markets, which host more hardware makers and other sectors seen as vital to the nation's push for technology self-reliance. The onshore CSI 300 Index gained 1% on Thursday. The Hang Seng China Enterprises Index, whose members include Alibaba Group Holding Ltd. and Tencent Holdings Ltd., declined 0.4%. --With assistance from Jeanny Yu. Most Read from Show less Read more
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