Southbound funds net bought HK$2 billion
The market saw significant activity with Southbound funds making substantial net purchases, reaching 5 billion Hong Kong dollars. In related news, a former ByteDance Seed team member, Gu Quanquan, has reportedly left to start his own venture, though his exact role and the company's knowledge of his entrepreneurial plans are unclear. Separately, there are mentions of ChatGPT potentially receiving its largest upgrade and the introduction of AI proctors for college entrance exams. AI
IMPACT This cluster highlights significant capital inflow into the market and hints at major advancements in AI models like ChatGPT, potentially accelerating adoption and innovation.