智通财经网·2025-10-20 11:01Core Insights - On October 20, 2025, Alibaba-W (09988), SMIC (00981), and Tencent Holdings (00700) were the top three companies by trading volume in the Southbound Stock Connect, with trading amounts of 5.787 billion, 3.231 billion, and 2.933 billion respectively [1][2] - The same companies also led in trading volume in the Shenzhen-Hong Kong Stock Connect, with trading amounts of 3.911 billion, 2.166 billion, and 1.558 billion respectively [1][2] Southbound Stock Connect Trading Activity - Top Active Companies by Trading Amount: - Alibaba-W (09988): 5.787 billion, net buy of -1.205 billion [2] - SMIC (00981): 3.231 billion, net buy of -0.514 billion [2] - Tencent Holdings (00700): 2.933 billion, net buy of -0.162 billion [2] - Xiaomi Group-W (01810): 2.168 billion, net buy of -0.392 billion [2] - Hua Hong Semiconductor (01347): 1.711 billion, net buy of +0.105 billion [2] - CNOOC (00883): 1.707 billion, net buy of +0.146 billion [2] - Others include UBTECH (09880), CanSino Biologics (09926), and China Life (02628) with varying trading amounts and net buys [2] Shenzhen-Hong Kong Stock Connect Trading Activity - Top Active Companies by Trading Amount: - Alibaba-W (09988): 3.911 billion, net buy of -0.549 billion [2] - SMIC (00981): 2.166 billion, net buy of +0.189 billion [2] - Tencent Holdings (00700): 1.558 billion, net buy of +0.258 billion [2] - Other notable companies include Hua Hong Semiconductor (01347), Xiaomi Group-W (01810), and Southern Hang Seng Technology (03033) with their respective trading amounts and net buys [2]