Zheng Quan Shi Bao Wang·2025-10-20 14:30Market Overview - On October 20, the Hang Seng Index rose by 2.42%, with southbound trading totaling HKD 109.87 billion, comprising HKD 53.60 billion in buy transactions and HKD 56.27 billion in sell transactions, resulting in a net sell of HKD 2.67 billion [1][2] Southbound Trading Activity - The southbound trading through Stock Connect (Shenzhen) recorded a total transaction amount of HKD 43.05 billion, with buy transactions at HKD 21.33 billion and sell transactions at HKD 21.72 billion, leading to a net sell of HKD 0.38 billion [1] - The southbound trading through Stock Connect (Shanghai) had a total transaction amount of HKD 66.81 billion, with buy transactions at HKD 32.26 billion and sell transactions at HKD 34.55 billion, resulting in a net sell of HKD 2.29 billion [1] Active Stocks - Alibaba-W had the highest transaction amount among southbound stocks, totaling HKD 96.98 billion, with a net sell of HKD 17.54 billion, while its stock price increased by 4.86% [1][2] - Other notable stocks included SMIC with a transaction amount of HKD 53.97 billion and Tencent Holdings with HKD 44.91 billion in transactions [1] - The top net buyers included Southern Hang Seng Technology with a net buy of HKD 3.75 billion, China National Offshore Oil Corporation with HKD 1.62 billion, and China Life with HKD 1.37 billion [1] Detailed Stock Performance - The following stocks were highlighted for their trading activity on October 20: - Southern Hang Seng Technology: Transaction amount of HKD 117.78 million, net buy of HKD 37.53 million, and a price increase of 3.19% [3] - China National Offshore Oil Corporation: Transaction amount of HKD 267.70 million, net buy of HKD 16.23 million, and a price increase of 2.31% [3] - Tencent Holdings: Transaction amount of HKD 449.07 million, net buy of HKD 9.67 million, and a price increase of 3.21% [3] - Alibaba-W: Transaction amount of HKD 969.80 million, net sell of HKD 175.38 million, and a price increase of 4.86% [3]