Southbound funds recorded a net inflow of HK$4 billion on June 24, 2026, according to data tracked by 36Kr. The figure reflects sustained capital flows from mainland Chinese investors into Hong Kong-listed stocks through the Stock Connect program.
Market Context
The HK$4 billion net buying marks a notable session for southbound flows, which have been closely watched as a gauge of mainland investor sentiment toward Hong Kong equities. The data comes amid ongoing global market volatility and shifting interest rate expectations.
Broader Developments
In related news, Alibaba's Qwen AI team launched Qwen-AgentWorld, described as the first native Language World Model (LWM). The model unifies text-based environments such as MCP, Search, Terminal, and SWE with GUI environments including Web, OS, and Android, enabling cross-domain knowledge transfer. A companion benchmark, AgentWorldBench, was also released, covering seven domains with real-environment observation data for each test sample.