
People's Finance, 10 18: This week (from 10 12 to 10 16), major HK stock indices saw a slight pullback. The Hang Seng Index fell by 0.1%, the Hang Seng Tech Index dropped 2.13%, and the Hang Seng China Enterprises Index declined 0.24%. According to data from Securities Times Data Bao, net southbound capital outflows totaled 66.37 billion HKD this week. Among the most active stocks listed this week, 20 HK stocks appeared on the trading volume list. Tencent Holdings recorded the highest total buy-sell volume via Stock Connect, reaching 155.48 billion HKD; Alibaba Group-W came in second at 143 billion HKD. Xiaomi Inc.-W, SMIC, and 5 other companies also exceeded 100 billion HKD in total Stock Connect trading volume. Data shows that AIA Group has seen consecutive growth in southbound capital holdings for 21 trading days. The company significantly strengthened its profitability in the first half of the year. According to the interim report, net profit reached 42.94 billion USD in the first half, up 69.46% year-over-year, marking a new high since listing. In its announcement, the company stated that strong new business performance and rigorous management of an effective policy portfolio support sustained growth in recurring earnings. First-half operating profit per share after tax increased by 13%. Therefore, it is expected to exceed the target compound annual growth rate (CAGR) of 9% for operating profit per share after tax from 2023 to 2026, reaching 11%.



