Core Insights - On June 20, 2025, Pop Mart (09992), Shandong Molong (00568), and Bank of China (03988) were the top three companies by trading volume in the Hong Kong Stock Connect (southbound), with trading amounts of 40.19 billion, 23.11 billion, and 20.67 billion respectively [1][2] - In the Shenzhen-Hong Kong Stock Connect (southbound), Pop Mart (09992), Tencent Holdings (00700), and Meituan-W (03690) led the trading volume, with amounts of 22.87 billion, 11.83 billion, and 10.71 billion respectively [1][2] Southbound Trading Volume - Hong Kong Stock Connect - The top three active companies were: - Pop Mart (09992): 40.19 billion, net buy of -6.40 billion - Shandong Molong (00568): 23.11 billion, net buy of -28.03 million - Bank of China (03988): 20.67 billion, net buy of -6.49 billion [2] Southbound Trading Volume - Shenzhen-Hong Kong Stock Connect - The top three active companies were: - Pop Mart (09992): 22.87 billion, net buy of -14.66 million - Tencent Holdings (00700): 11.83 billion, net buy of -91.49 million - Meituan-W (03690): 10.71 billion, net buy of +2.18 billion [2]