Zheng Quan Shi Bao Wang·2025-09-22 13:41Market Overview - On September 22, the Hang Seng Index fell by 0.76%, closing at 26,344.14 points, while southbound funds through the Stock Connect recorded a net purchase of 12.736 billion HKD [2][5]. Trading Activity - The total trading volume for the Stock Connect on September 22 was 136.093 billion HKD, with a net purchase of 12.736 billion HKD. Specifically, the Shanghai Stock Connect had a trading volume of 86.020 billion HKD and a net purchase of 8.154 billion HKD, while the Shenzhen Stock Connect had a trading volume of 50.073 billion HKD and a net purchase of 4.583 billion HKD [2][3]. Active Stocks - In the Shanghai Stock Connect, the top active stock was SMIC, with a trading volume of 5.839 billion HKD, followed by Alibaba-W and Shankai Holdings, with trading volumes of 5.349 billion HKD and 4.155 billion HKD, respectively. The largest net purchase was in the Yingfu Fund, amounting to 2.864 billion HKD, despite its closing price dropping by 0.88% [2][3]. - In the Shenzhen Stock Connect, Alibaba-W led with a trading volume of 3.696 billion HKD, followed by SMIC and Tencent Holdings, with trading volumes of 3.128 billion HKD and 1.823 billion HKD, respectively. Alibaba-W also had the highest net purchase of 1.063 billion HKD, while Meituan-W recorded the largest net sell of 180 million HKD, closing down by 2.26% [3][4]. Stock Performance - The performance of key stocks included: - SMIC: Trading volume of 5.839 billion HKD, net sell of 9.108 million HKD, with a daily increase of 5.16% [3]. - Alibaba-W: Trading volume of 5.349 billion HKD, net buy of 1.551 billion HKD, with a daily increase of 0.06% [3]. - Shankai Holdings: Trading volume of 4.154 billion HKD, net buy of 248.74 million HKD, with a daily increase of 29.76% [3]. - Meituan-W: Trading volume of 2.193 billion HKD, net sell of 20.462 million HKD, with a daily decrease of 2.26% [3][4].