Hang Seng Index hits 1.5-month high as market turnover exceeds 257 billion HKD

The Hang Seng Index rose significantly, closing at 26,004 points, marking a high for more than one and a half months and reclaiming the bull-bear line. Market turnover reached approximately 257.2 billion HKD.

Despite the index gains, Northbound capital saw a net outflow. Reports indicate a net outflow of over 10.4 billion HKD on one day, while another session recorded a net outflow of 7.63 billion HKD.

In terms of individual stock movements, Northbound capital showed net buying in Alibaba, Kuaishou, and Gamida Biotech. Conversely, the Tracker Fund of Hong Kong, CSPC Pharmaceutical Group, and Akeso saw significant net selling.