Zheng Quan Shi Bao Wang·2025-10-16 12:42Core Viewpoint - On October 16, the Hang Seng Index fell by 0.09%, with southbound funds totaling HKD 136.33 billion in trading volume, resulting in a net inflow of HKD 15.82 billion [1][2]. Trading Activity Summary - Southbound trading included a total of HKD 76.08 billion in buying and HKD 60.25 billion in selling, leading to a net buying amount of HKD 15.82 billion [1]. - The cumulative trading volume for the Hong Kong Stock Connect (Shenzhen) was HKD 51.95 billion, with net buying of HKD 7.15 billion, while the Hong Kong Stock Connect (Shanghai) had a trading volume of HKD 84.38 billion and net buying of HKD 8.67 billion [1]. Active Stocks Summary - The most actively traded stock by southbound funds was Alibaba-W, with a total trading volume of HKD 73.11 billion and a net buying amount of HKD 7.62 billion [1][2]. - Xiaomi Group-W followed with a trading volume of HKD 67.23 billion and a net buying amount of HKD 10.60 billion, while SMIC had a trading volume of HKD 59.64 billion with a net selling of HKD 2.95 billion [1][2]. Continuous Net Buying Stocks - Three stocks experienced continuous net buying for more than three days, with Xiaomi Group-W leading at nine consecutive days of net buying, totaling HKD 69.89 billion [2]. - Other stocks with notable continuous net buying include Pop Mart and Tencent Holdings, with net buying amounts of HKD 10.74 billion and HKD 9.18 billion, respectively [2].