Zheng Quan Shi Bao Wang·2026-01-07 14:42Core Viewpoint - The Hang Seng Index fell by 0.94% on January 7, with southbound capital transactions totaling HKD 134.39 billion, indicating a net inflow of HKD 9.18 billion [2] Group 1: Southbound Capital Transactions - Total southbound capital transactions amounted to HKD 134.39 billion, with buy transactions at HKD 71.79 billion and sell transactions at HKD 62.61 billion, resulting in a net buy of HKD 9.18 billion [2] - The Shenzhen Stock Connect saw total transactions of HKD 53.91 billion, with net buying of HKD 5.69 billion, while the Shanghai Stock Connect had total transactions of HKD 80.49 billion, with net buying of HKD 3.49 billion [2] Group 2: Active Stocks - Alibaba-W had the highest transaction amount among southbound stocks at HKD 15.06 billion, followed by SMIC and Tencent Holdings with HKD 6.48 billion and HKD 6.27 billion respectively [2][4] - Tencent Holdings recorded a net buy of HKD 1.96 billion, while Xiaomi Group-W had a net buy of HKD 1.63 billion, and the Yingfu Fund saw a net buy of HKD 1.47 billion [2][3] - China Mobile experienced the highest net sell at HKD 1.13 billion, with its stock price declining by 0.97% [2][4] Group 3: Continuous Net Buying - Four stocks received continuous net buying from southbound capital for more than three days, with Xiaomi Group-W leading at five days, followed by Alibaba-W at four days, and China Life at three days [3] - The total net buying amounts during this period were HKD 3.61 billion for Xiaomi Group-W, HKD 2.12 billion for Alibaba-W, and HKD 1.25 billion for China Life [3]