Summary of Key Points Core Viewpoint - On July 14, southbound funds recorded a transaction volume of HKD 1216.88 billion, with a net inflow of approximately HKD 82.43 billion, indicating strong investor interest in Hong Kong stocks [1]. Group 1: Net Inflows - Major net purchases included Meituan-W (03690.HK) with HKD 1.22 billion, Alibaba-W (09988.HK) with HKD 859 million, and SMIC (00981.HK) with HKD 300 million [1]. - Meituan-W saw a price increase of 0.75%, with net inflows of HKD 783 million from the Shanghai-Hong Kong Stock Connect and HKD 440 million from the Shenzhen-Hong Kong Stock Connect [1]. - Alibaba-W experienced a price rise of 0.95%, with net inflows of HKD 223 million from the Shanghai-Hong Kong Stock Connect and HKD 636 million from the Shenzhen-Hong Kong Stock Connect [1]. - SMIC's stock price increased by 1.09%, with net inflows of HKD 300 million from the Shenzhen-Hong Kong Stock Connect [1]. Group 2: Net Outflows - Significant net sales were observed in Old Puhuang (06181.HK) with HKD 364.90 million, Health Road (02587.HK) with HKD 129.49 million, Tencent Holdings (00700.HK) with HKD 84.28 million, and Xiaomi Group W (01810.HK) with HKD 65.71 million [1]. - Old Puhuang's stock price declined by 2.67%, reflecting the net outflow [4]. - Health Road's stock price increased by 13.60%, despite the net outflow of HKD 66.70 million from the Shanghai-Hong Kong Stock Connect and HKD 62.80 million from the Shenzhen-Hong Kong Stock Connect [4]. - Tencent Holdings saw a price increase of 0.68%, with net outflows of HKD 84.28 million from the Shenzhen-Hong Kong Stock Connect [4]. - Xiaomi Group W's stock price decreased by 0.09%, with net inflows of HKD 35.12 million from the Shanghai-Hong Kong Stock Connect but net outflows of HKD 100.82 million from the Shenzhen-Hong Kong Stock Connect [4]. Group 3: Other Notable Movements - Innovent Biologics (01801.HK) saw a price increase of 1.80%, with net inflows of HKD 160 million from the Shenzhen-Hong Kong Stock Connect [2]. - Haotian International Investment (01341.HK) experienced a significant drop of 32.78%, despite net inflows of HKD 106 million from the Shanghai-Hong Kong Stock Connect [3]. - Guotai Junan International (01788.HK) saw a slight decline of 0.16%, with net inflows of HKD 18.74 million from the Shanghai-Hong Kong Stock Connect and HKD 72.43 million from the Shenzhen-Hong Kong Stock Connect [4].