Core Viewpoint - Southbound capital has rebounded to recent average levels, indicating a positive sentiment in the market, with significant net inflows into specific Hong Kong stocks and ETFs [2][3]. Group 1: Market Overview - Southbound capital transactions amounted to approximately 128.46 billion HKD, accounting for about 59.63% of the total turnover of the Hang Seng Index [2]. - The Hang Seng Index experienced an upward fluctuation, closing up 0.25% at 24,969.68 points, with a net inflow of approximately 9.45 billion HKD from southbound capital [2]. Group 2: ETF and Stock Performance - Significant net purchases were observed in two Hong Kong stock ETFs, with the Tracker Fund of Hong Kong (02800.HK) receiving a net inflow of 4.16 billion HKD and the Hang Seng China Enterprises Index (02828.HK) receiving 1.87 billion HKD [2]. - Notable net inflows included Tencent Holdings (0700.HK) at 899 million HKD, Alibaba Group (09988.HK) at 648 million HKD, Xiaomi Group (01810.HK) at 384 million HKD, and SMIC (00981.HK) at 306 million HKD [2]. Group 3: Individual Stock Movements - Tencent Holdings saw a slight decline of 0.27%, but short-term capital continued to flow in, with an increase of 501,000 shares over the past five days [3]. - Alibaba Group experienced a drop of 1.60%, with a net increase of 2.225 million shares over the past five days [3]. - Xiaomi Group rose by 1.77%, with a net increase of 3.388 million shares over the past five days [3]. - SMIC increased by 5.03%, with a net increase of 2.753 million shares over the past five days [3]. - Kuaishou (01024.HK) fell by 9.25%, despite a net increase of 2.180 million shares over the past five days [3]. - Hua Hong Semiconductor (01347.HK) rose by 5.43%, with a net increase of 1.235 million shares over the past five days [3].