智通财经网·2025-03-25 11:06Core Insights - On March 25, 2025, Xiaomi Group-W (01810), Tencent Holdings (00700), and Alibaba Group-W (09988) were the top three companies by trading volume in the southbound trading of the Shanghai-Hong Kong Stock Connect, with trading amounts of 11.272 billion, 4.617 billion, and 4.373 billion respectively [1] - In the Shenzhen-Hong Kong Stock Connect, Xiaomi Group-W (01810), Alibaba Group-W (09988), and Tencent Holdings (00700) also led the trading volume, with amounts of 7.390 billion, 3.327 billion, and 2.742 billion respectively [1] Southbound Trading Highlights - Shanghai-Hong Kong Stock Connect: - Xiaomi Group-W (01810): Trading amount of 11.272 billion, net buying of +5.962 billion - Tencent Holdings (00700): Trading amount of 4.617 billion, net selling of -0.725 billion - Alibaba Group-W (09988): Trading amount of 4.373 billion, net selling of -0.879 billion - Other notable companies include SMIC (00981) with 2.246 billion and net buying of +53.0255 million, and Meituan-W (03690) with 1.654 billion and net buying of +526 million [2] - Shenzhen-Hong Kong Stock Connect: - Xiaomi Group-W (01810): Trading amount of 7.390 billion, net buying of +2.514 billion - Alibaba Group-W (09988): Trading amount of 3.327 billion, net buying of +135 million - Tencent Holdings (00700): Trading amount of 2.742 billion, net selling of -0.620 billion - Other significant companies include XPeng Motors-W (09868) with 1.270 billion and net selling of -309 million, and SMIC (00981) with 1.235 billion and net selling of -82.2874 million [2]