Xin Lang Cai Jing·2025-09-18 10:41Core Viewpoint - Southbound funds saw significant inflow today, with a total transaction amount of approximately 210.55 billion HKD, marking an increase of nearly 32 billion HKD compared to the previous day, representing about 50.94% of the total turnover of the Hang Seng Index [2] Southbound Fund Flow - The net inflow of southbound funds today was approximately 6.288 billion HKD, with the Shanghai-Hong Kong Stock Connect contributing about 1.907 billion HKD and the Shenzhen-Hong Kong Stock Connect contributing about 4.382 billion HKD [2][4] - Major net inflows included Meituan-W (14.12 billion HKD), Alibaba-W (12.1 billion HKD), Pop Mart (12.07 billion HKD), and Xiaomi Group-W (6.61 billion HKD) [2] - Significant net outflows were observed in Hua Hong Semiconductor (11.65 billion HKD), Tencent Holdings (4.18 billion HKD), and SMIC (2.77 billion HKD) [2] Stock Performance - Meituan-W increased by 0.29%, but short-term funds have been predominantly flowing out, with a reduction of 1.237 million shares over the past five days [3] - Alibaba-W decreased by 1.98%, with short-term funds continuing to flow in, accumulating 12 million shares over the past five days [3] - Pop Mart rose by 4.62%, yet short-term funds continued to show a trend of outflow, with a reduction of 397,000 shares over the past five days [3] - Xiaomi Group-W fell by 1.73%, with a continued outflow trend, reducing 2.099 million shares over the past five days [3] - Hua Hong Semiconductor increased by 8.62%, with an unclear short-term fund trend, having accumulated 1.069 million shares over the past five days [3] - Tencent Holdings decreased by 2.95%, with an unclear short-term fund trend, reducing 820,000 shares over the past five days [3] - SMIC rose by 2.66%, with short-term funds predominantly flowing in, accumulating 2.057 million shares over the past five days [3]