Group 1 - The overall shareholding ratio of southbound funds in Hong Kong Stock Connect stocks is 19.39%, with 251 stocks having a shareholding ratio exceeding 20% [1] - As of January 5, southbound funds held a total of 4,931.52 million shares, accounting for 19.39% of the total share capital of the stocks, with a market value of 62,719.53 billion HKD, representing 14.70% of the total market value [1] - The highest shareholding ratio by southbound funds is in China Telecom, with 9,941.57 million shares, accounting for 71.63% 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, 38, and 34 stocks respectively [2] - Among the stocks with a shareholding ratio over 20%, 131 are AH concept stocks, making up 52.19% of that group [1] - The stock with the second-highest shareholding ratio is Green Power Environmental, with 28,233.20 million shares, accounting for 69.81% [2]