Zheng Quan Shi Bao Wang·2026-01-09 14:41Core Viewpoint - The Hang Seng Index rose by 0.32% on January 9, with southbound capital totaling HKD 111.39 billion, resulting in a net inflow of HKD 6.81 billion [1] Group 1: Southbound Capital Activity - Total southbound trading amounted to HKD 111.39 billion, with buy transactions at HKD 59.10 billion and sell transactions at HKD 52.29 billion, leading to a net buy of HKD 6.81 billion [1] - The Shenzhen Stock Connect saw a total trading volume of HKD 44.30 billion, with net buying of HKD 5.15 billion, while the Shanghai Stock Connect had a total trading volume of HKD 67.08 billion, resulting in a net buy of HKD 1.66 billion [1] Group 2: Active Stocks - Alibaba-W had the highest trading volume among southbound stocks at HKD 99.89 billion, with a net sell of HKD 26.22 billion, despite a closing price increase of 2.73% [1] - Tencent Holdings recorded a net buy of HKD 14.12 billion, closing down by 0.81%, while Xiaomi Group-W had a net buy of HKD 8.70 billion, closing down by 0.53% [1][2] - Kuaishou-W also saw significant activity with a net buy of HKD 7.76 billion, closing up by 3.89% [2] Group 3: Continuous Net Buying - Xiaomi Group-W and Tencent Holdings were noted for continuous net buying, with Xiaomi seeing 7 consecutive days of net buying totaling HKD 55.53 billion, and Tencent with 3 consecutive days totaling HKD 42.31 billion [2]