Movement Alert|GF Securities Intraday Decline 3.46%, Institutional Selling Pressure After A-Share Limit-Up Continues to Weigh on HK Shares

Market Focus
06/25

On June 25, GF Securities (01776.HK) fell 3.46% in regular trading, trading at 16.74 HKD/share, with turnover of approximately 62.34 million HKD.

On the news front, institutional selling pressure following the A-share daily limit-up on June 22 continues to drag on the Hong Kong-listed shares. Dragon-and-Tiger list data showed that on June 22, when GF Securities A-share hit the 9.98% daily limit at 22.7 yuan, institutions net sold 176 million yuan while northbound capital net sold 61.46 million yuan, indicating major players took profits at the peak. Prior to that, on June 18, main capital net outflow reached 330 million yuan, accounting for 15.16% of total turnover. The sustained institutional selling has suppressed market sentiment, with the HK-listed shares declining for multiple consecutive sessions since the A-share limit-up event.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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