智通财经网·2025-12-03 11:00Core Insights - On December 3, 2025, Alibaba-W (09988), Tencent Holdings (00700), and SMIC (00981) were the top three companies by trading volume in the Southbound Stock Connect, with trading amounts of 3.255 billion, 2.092 billion, and 1.312 billion respectively [1] - In the Shenzhen-Hong Kong Stock Connect, Alibaba-W (09988), Xiaomi Group-W (01810), and Tencent Holdings (00700) also ranked as the top three, with trading amounts of 2.390 billion, 1.621 billion, and 1.474 billion respectively [1] Southbound Stock Connect Trading Activity - Top Active Companies: - Alibaba-W (09988): Trading amount of 3.255 billion, net inflow of 260 million [2] - Tencent Holdings (00700): Trading amount of 2.092 billion, net outflow of 726 million [2] - SMIC (00981): Trading amount of 1.312 billion, net outflow of 231 million [2] - Other Notable Companies: - Xiaomi Group-W (01810): Trading amount of 1.145 billion, net outflow of 76.07 million [2] - Meituan-W (03690): Trading amount of 930 million, net inflow of 129 million [2] Shenzhen-Hong Kong Stock Connect Trading Activity - Top Active Companies: - Alibaba-W (09988): Trading amount of 2.390 billion, net inflow of 167 million [2] - Xiaomi Group-W (01810): Trading amount of 1.621 billion, net inflow of 946 million [2] - Tencent Holdings (00700): Trading amount of 1.474 billion, net outflow of 6.3735 million [2] - Other Notable Companies: - SMIC (00981): Trading amount of 866 million, net outflow of 188 million [2] - Meituan-W (03690): Trading amount of 697 million, net inflow of 169 million [2]