Core Insights - On October 28, 2025, SMIC (00981), Alibaba-W (09988), and Xiaomi Group-W (01810) were the top three companies by trading volume in the Southbound Stock Connect, with transaction amounts of 50.17 billion, 45.84 billion, and 26.01 billion respectively [1] - The same companies also led in the Shenzhen-Hong Kong Stock Connect, with transaction amounts of 37.90 billion, 30.78 billion, and 18.37 billion respectively [1] Southbound Stock Connect (Shanghai-Hong Kong) - Top active companies by trading volume included: - SMIC (00981): 50.17 billion with a net buy of -1.66 billion - Alibaba-W (09988): 45.84 billion with a net buy of -4.05 billion - Xiaomi Group-W (01810): 26.01 billion with a net buy of +2.50 billion - Hua Hong Semiconductor (01347): 22.77 billion with a net buy of +1.44 billion - Tencent Holdings (00700): 19.55 billion with a net buy of -2.24 billion - Other notable companies included Sanhua Intelligent Control (02050), Pop Mart (09992), ZTE Corporation (00763), UBTECH Robotics (09880), and China Mobile (00941) [2] Southbound Stock Connect (Shenzhen-Hong Kong) - Top active companies by trading volume included: - SMIC (00981): 37.90 billion with a net buy of +2.43 billion - Alibaba-W (09988): 30.78 billion with a net buy of -1.17 billion - Xiaomi Group-W (01810): 18.37 billion with a net buy of -2.14 billion - Hua Hong Semiconductor (01347): 14.60 billion with a net buy of +2.52 billion - ZTE Corporation (00763): 11.30 billion with a net buy of +1.66 billion - Other notable companies included Tencent Holdings (00700), Pop Mart (09992), Sanhua Intelligent Control (02050), Meituan-W (03690), and Li Auto-W (02015) [2]
智通港股通活跃成交|10月28日