Core Insights - On November 3, 2025, Alibaba-W (09988), SMIC (00981), and Xiaomi Group-W (01810) were the top three companies by trading volume in the Southbound Stock Connect, with trading amounts of 3.151 billion, 2.865 billion, and 2.054 billion respectively [1] Group 1: Southbound Trading Activity - Alibaba-W (09988) had a trading amount of 3.151 billion with a net buy of -96.034 million [2] - SMIC (00981) recorded a trading amount of 2.865 billion with a net buy of -1.149 billion [2] - Xiaomi Group-W (01810) achieved a trading amount of 2.054 billion with a net buy of +293 million [2] - Tencent Holdings (00700) had a trading amount of 1.324 billion with a net buy of +401 million [2] - China National Offshore Oil Corporation (00883) also had a trading amount of 1.324 billion with a net buy of +465 million [2] - Hua Hong Semiconductor (01347) reported a trading amount of 1.125 billion with a net buy of -568 million [2] - Pop Mart International (09992) had a trading amount of 750 million with a net buy of +130 million [2] - Sanofi (01530) recorded a trading amount of 718 million with a net buy of +324 million [2] - Innovent Biologics (01801) had a trading amount of 708 million with a net buy of +281 million [2] - CanSino Biologics (09926) achieved a trading amount of 673 million with a net buy of +373 million [2]