Hang Seng Index rises to 26,009 points amid Northbound capital outflows

The Hang Seng Index closed at 26,009 points, marking an increase of 310 points or 1.2%. Despite the index rise, Northbound capital saw a net outflow of 7.63 billion yuan, a decrease of 26.7% compared to the previous period.

Among individual stocks, MiniMax recorded the highest net purchase by Northbound capital, increasing 11.9% to 347.2 yuan. Other notable net purchases included Yangtze Optical Fibre and Cable and Pop Mart. Conversely, Alibaba saw the largest net outflow, dropping 2.5% to 123 yuan, followed by significant net selling in Xiaomi and Tencent.