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Southbound capital saw a significant net inflow of HK$18.682 billion today. In the Shanghai-Hong Kong Stock Connect, Tracker Fund of Hong Kong (TRHK) and Tencent Holdings saw net inflows of HK$5.717 billion and HK$1.205 billion respectively; Lenovo G

2026-06-03

Southbound capital saw a significant net inflow of HK$18.682 billion today. In the Shanghai-Hong Kong Stock Connect, Tracker Fund of Hong Kong (TRHK) and Tencent Holdings saw net inflows of HK$5.717 billion and HK$1.205 billion respectively; Lenovo Group saw the largest net outflow of HK$874 million. In the Shenzhen-Hong Kong Stock Connect, TRHK and Hang Seng China Enterprises Index saw net inflows of HK$1.816 billion and HK$1.661 billion respectively; Yangtze Optical Fibre and Cable (YOFC) saw the largest net outflow of HK$509 million.

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2026-06-03

Several private Chinese banks recently cut mid- to long-term time deposit rates from the 2%-range to the 1%-range; some have withdrawn mid/long-term fixed-deposit products. Analysts say the private banks' high-yield deposit funding advantage is fadin

Several private Chinese banks recently cut mid- to long-term time deposit rates from the 2%-range to the 1%-range; some have withdrawn mid/long-term fixed-deposit products. Analysts say the private banks' high-yield deposit funding advantage is fading, accelerating industry restructuring, altering household savings allocation, and forcing private banks to pursue differentiated business or funding strategies to break homogeneity.
2026-06-03

Shares of XOS INC, a U.S. fleet electrification solutions provider, surged 119.73% to $4.90 in after-hours trading after announcing the launch of a 2.5MWh Power Hub product specifically designed for energy storage and hybrid power applications.

Shares of XOS INC, a U.S. fleet electrification solutions provider, surged 119.73% to $4.90 in after-hours trading after announcing the launch of a 2.5MWh Power Hub product specifically designed for energy storage and hybrid power applications.
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