Xin Lang Cai Jing·2025-07-09 10:36Market Overview - Southbound funds traded approximately 132.6 billion HKD today, accounting for 56.72% of the total turnover of the Hang Seng Index, indicating a short-term high in market share [2] - Despite a pullback in the Hang Seng Index, there are signs of increased investment as southbound funds recorded a net inflow of approximately 9.256 billion HKD, with 6.585 billion HKD from the Shanghai-Hong Kong Stock Connect and 2.672 billion HKD from the Shenzhen-Hong Kong Stock Connect [2] Individual Stock Performance - China Construction Bank (00939.HK) saw a net buy of 1.1 billion HKD, with a slight decline of 0.24% today and a total of 162 million shares added over the past five days [3][4] - Alibaba Group (9988.HK) experienced a net buy of 1.014 billion HKD, but its stock fell by 3.83%, with a reduction of 65.55 million shares over the last five days [3][4] - Meituan (03690.HK) had a net buy of 833 million HKD, with a decline of 2.46% today and an increase of 1.222 million shares over the past five days [3][4] - Xiaomi Group (01810.HK) recorded a net buy of 422 million HKD, with a drop of 2.13% and a reduction of 2.166 million shares in the last five days [3][4] - Legend Holdings (06683.HK) surged by 94.38%, with a net buy of 389 million HKD and an increase of 398,000 shares over the past five days [3][4] - China National Pharmaceutical Group (01177.HK) rose by 10.06%, with a net buy of 309 million HKD and an increase of approximately 10 million shares in the last five days [3][4] Trading Activity - The top active stocks in the southbound trading included Legend Holdings, which had a net inflow of 2.35 billion HKD, and Alibaba, which saw a net outflow of 10.38 billion HKD [5][6] - Over the past month, the total net inflow from southbound trading reached approximately 87.399 billion HKD, with 39.341 billion HKD from the Shanghai Stock Connect and 48.058 billion HKD from the Shenzhen Stock Connect [5]