智通财经网·2025-03-31 11:03Core Viewpoint - On March 31, 2025, Xiaomi Group-W (01810), Tencent Holdings (00700), and SMIC (00981) were the top three companies by trading volume in the southbound trading of the Shanghai-Hong Kong Stock Connect, with trading amounts of 6.14 billion, 4.18 billion, and 4.06 billion respectively [1][2] Group 1: Southbound Trading Performance - In the southbound trading of the Shanghai-Hong Kong Stock Connect, the top three companies by trading volume were Xiaomi Group-W (01810) with 6.14 billion, Tencent Holdings (00700) with 4.18 billion, and SMIC (00981) with 4.06 billion [1][2] - In the southbound trading of the Shenzhen-Hong Kong Stock Connect, the top three companies were Xiaomi Group-W (01810) with 3.89 billion, Alibaba-W (09988) with 2.67 billion, and Tencent Holdings (00700) with 2.48 billion [1][2] Group 2: Net Inflow and Outflow - In the southbound trading of the Shanghai-Hong Kong Stock Connect, Xiaomi Group-W (01810) had a net inflow of 132 million, Tencent Holdings (00700) had a net inflow of 371 million, and SMIC (00981) had a net inflow of 40.28 million [2] - In the southbound trading of the Shenzhen-Hong Kong Stock Connect, Xiaomi Group-W (01810) had a net inflow of 209 million, while Alibaba-W (09988) and Tencent Holdings (00700) experienced net outflows of 585 million and 253 million respectively [2]