Sou Hu Cai Jing·2025-11-03 15:15Market Overview - On November 3, the Hang Seng Index rose by 0.97%, with southbound trading totaling HKD 106.78 billion, comprising HKD 56.12 billion in buying and HKD 50.65 billion in selling, resulting in a net inflow of HKD 5.47 billion [1][2] Southbound Trading Details - Southbound trading through the Shenzhen Stock Connect recorded a total of HKD 42.40 billion, with buying at HKD 23.29 billion and selling at HKD 19.12 billion, leading to a net inflow of HKD 4.17 billion [1] - The Shanghai Stock Connect saw total trading of HKD 64.38 billion, with buying at HKD 32.84 billion and selling at HKD 31.54 billion, resulting in a net inflow of HKD 1.30 billion [1] Active Stocks - Alibaba-W had the highest trading volume among southbound stocks, totaling HKD 71.45 billion, followed by SMIC and Xiaomi Group-W with HKD 61.52 billion and HKD 51.07 billion respectively [1] - In terms of net buying, Xiaomi Group-W led with a net inflow of HKD 10.29 billion, with China National Offshore Oil Corporation and China Mobile following with net inflows of HKD 9.93 billion and HKD 4.61 billion respectively [1][2] Net Buying and Selling Trends - A total of 7 stocks experienced net buying, with Xiaomi Group-W and China National Offshore Oil Corporation showing significant net buying trends over the past few days, with Xiaomi Group-W having a total net inflow of HKD 19.13 billion over 4 days [2] - Conversely, SMIC recorded the highest net selling at HKD 13.81 billion, with Alibaba-W and Hua Hong Semiconductor also facing significant net selling of HKD 9.56 billion and HKD 6.28 billion respectively [1][2]