Group 1 - The overall shareholding ratio of southbound funds in Hong Kong Stock Connect stocks is 19.34%, with 249 stocks having a shareholding ratio exceeding 20% [1] - As of December 30, southbound funds held a total of 4,925.70 million shares, accounting for 19.34% of the total share capital of the stocks, with a market value of 61,460.68 million HKD, representing 14.67% of the total market value [1] - The highest shareholding ratio by southbound funds is in China Telecom, with 9,997.50 million shares, representing 71.90% of the issued shares [2] Group 2 - Southbound funds with a shareholding ratio exceeding 20% are mainly concentrated in the healthcare, industrial, and financial sectors, with 56, 37, and 34 stocks respectively [2] - Among the stocks with over 20% shareholding by southbound funds, 129 are AH concept stocks, accounting for 51.81% [1] - The stock with the second-highest shareholding ratio is Green Power Environmental, with 28,290.80 million shares, representing 69.96% [2] Group 3 - The stock with the third-highest shareholding ratio is China Resources Power, with 36,689.50 million shares, representing 68.75% [2] - Other notable stocks with high southbound fund holdings include Kaisa Group, Tianjin Chuangye Environmental Protection, and China Shenhua, with shareholding ratios of 68.23%, 67.16%, and 66.39% respectively [2] - The data indicates a significant interest from mainland investors in Hong Kong stocks, particularly in sectors with strong growth potential [1][2]