Zheng Quan Shi Bao Wang·2025-10-22 14:29Core Viewpoint - On October 22, the Hang Seng Index fell by 0.94% to close at 25,781.77 points, while southbound funds through the Stock Connect recorded a net purchase of HKD 10.018 billion [1] Group 1: Market Activity - The total trading volume for the Stock Connect on October 22 was HKD 106.582 billion, with a net purchase of HKD 10.018 billion [1] - The Shanghai Stock Connect accounted for HKD 66.693 billion in trading volume, with a net purchase of HKD 6.693 billion, while the Shenzhen Stock Connect had a trading volume of HKD 39.887 billion and a net purchase of HKD 3.325 billion [1] Group 2: Active Stocks - In the Shanghai Stock Connect, Alibaba-W had the highest trading volume at HKD 41.14 billion, followed by SMIC and Innovent Biologics with HKD 34.07 billion and HKD 32.39 billion respectively [1] - The top net purchase stock was the Tracker Fund of Hong Kong (盈富基金) with a net purchase of HKD 12.93 billion, despite a closing price drop of 1.05% [1] - Alibaba-W recorded the highest net sell amount at HKD 1.80 billion, closing down by 1.94% [1] Group 3: Shenzhen Stock Connect Activity - In the Shenzhen Stock Connect, Innovent Biologics led with a trading volume of HKD 26.84 billion, followed by Alibaba-W and Pop Mart with HKD 24.66 billion and HKD 23.36 billion respectively [2] - The Tracker Fund of Hong Kong (盈富基金) also had a net purchase of HKD 7.02 billion, closing down by 1.05% [2] - Innovent Biologics had the highest net sell amount at HKD 2.53 billion, with a closing price drop of 1.96% [2]