Market Overview - On December 4, the Hang Seng Index rose by 0.68%, with southbound funds totaling HKD 756.88 billion in trading volume, including HKD 385.84 billion in buying and HKD 371.04 billion in selling, resulting in a net buying amount of HKD 14.80 billion [1] Southbound Trading Activity - The southbound trading through Stock Connect (Shenzhen) had a cumulative trading volume of HKD 293.41 billion, with net buying of HKD 24.81 billion, while the Stock Connect (Shanghai) recorded a cumulative trading volume of HKD 463.47 billion, resulting in a net selling of HKD 10.00 billion [1] Active Stocks - Alibaba-W had the highest trading volume among southbound funds at HKD 53.18 billion, followed closely by Tencent Holdings at HKD 52.71 billion and Xiaomi Group-W at HKD 49.95 billion [1] - The top net buying stocks included the Tracker Fund of Hong Kong (盈富基金) with a net buying amount of HKD 26.06 billion, followed by WuXi Biologics (药明生物) with HKD 3.16 billion and Xiaomi Group-W with HKD 2.32 billion [1] Continuous Net Buying and Selling - Three stocks experienced continuous net buying for more than three days, with Meituan-W leading at six days, followed by Xiaomi Group-W at five days and Xpeng Motors-W at three days. The total net buying amounts were HKD 22.89 billion for Meituan-W, HKD 20.53 billion for Xiaomi Group-W, and HKD 1.67 billion for Xpeng Motors-W [2] - The stocks with the highest net selling included Semiconductor Manufacturing International Corporation (中芯国际) and Tencent Holdings, with total net selling amounts of HKD 34.49 billion and HKD 24.60 billion, respectively [2] Summary of Active Stocks on December 4 - The following table summarizes the active stocks with their trading amounts, net buying/selling, and daily price changes: | Code | Name | Trading Amount (HKD million) | Net Buying (HKD million) | Daily Change (%) | |-------|--------------------|------------------------------|--------------------------|-------------------| | 02800 | Tracker Fund | 284623.16 | 260585.86 | 0.77 | | 02269 | WuXi Biologics | 51978.36 | 31558.31 | 7.09 | | 01810 | Xiaomi Group-W | 499493.94 | 23169.32 | 4.38 | | 09868 | Xpeng Motors-W | 73564.27 | 10257.11 | 1.06 | | 01347 | Hua Hong Semiconductor | 159937.95 | 5363.70 | 3.11 | | 00883 | CNOOC | 47173.84 | 3007.07 | 0.92 | | 09880 | UBTECH Robotics | 73333.99 | 954.58 | 3.66 | | 03690 | Meituan-W | 171510.39 | 856.38 | 2.29 | | 09988 | Alibaba-W | 531828.80 | -117.31 | 0.52 | | 02050 | Sanhua Intelligent Control | 85349.48 | -5657.75 | 7.70 | | 01024 | Kuaishou-W | 54889.05 | -9372.22 | 0.15 | | 00981 | Semiconductor Manufacturing International | 260990.47 | -45829.01 | 3.87 | | 00700 | Tencent Holdings | 527122.94 | -134592.99 | 0.16 |