Group 1 - Southbound funds recorded a net purchase of approximately 5.509 billion HKD on September 3 [2] - Alibaba-W and Xiaomi Group-W received net purchases of approximately 2.489 billion HKD and 0.699 billion HKD, respectively [2] - Tencent Holdings experienced a net sell-off of 0.471 billion HKD [2]

Group 1 - Tencent Holdings (00700), Meituan-W (03690), and Xiaomi Group-W (01810) ranked the top three in net inflow of southbound funds, with net inflows of 1.869 billion, 1.394 billion, and 1.273 billion respectively [1][2] - The top three in net outflow of southbound funds were Yingfu Fund (02800), Hang Seng China Enterprises (02828), and Southern Hang Seng Technology (03033), with net outflows of -1.257 billion, -0.912 billion, and -0.323 billion respectively [1][2] - In terms of net inflow ratio, Qin Port Co. (03369), Anhui Wanshan Expressway (00995), and China International Marine Containers (02039) led the market with ratios of 53.99%, 53.53%, and 52.47% respectively [1][3] Group 2 - The top ten stocks by net inflow included Tencent Holdings (00700) with 1.869 billion and a closing price of 593.000, and Meituan-W (03690) with 1.394 billion and a closing price of 117.100 [2] - The top ten stocks by net outflow included Yingfu Fund (02800) with -1.257 billion and a closing price of 25.620, and Hang Seng China Enterprises (02828) with -0.912 billion and a closing price of 91.800 [2] - The top three stocks by net inflow ratio also included Sunshine Insurance (06963) with 51.91% and a net inflow of 0.161 billion [3]

Group 1 - The most actively traded stock by southbound funds is Tencent Holdings (0700.HK) with a net buy of 969 million HKD and a closing price of 590.5 HKD, reflecting a slight decrease of 0.34% [2][3] - Other notable net buys include Pop Mart (9992.HK) with 344 million HKD and a closing price of 316.0 HKD, showing an increase of 12.54%, and Oriental Selection (1797.HK) with 303 million HKD and a closing price of 37.14 HKD, up by 8.22% [3] - The most significant net sell was Alibaba Group (9988.HK) with a net sell of 528 million HKD and a closing price of 117.5 HKD, down by 0.68% [2][3] Group 2 - Other stocks with net selling include Xpeng Motors (9868.HK) with a net sell of 385 million HKD and a closing price of 80.45 HKD, up by 4.41%, and Huahong Semiconductor (1347.HK) and SMIC (0981.HK), both with net sells of 93 million HKD and closing prices of 47.56 HKD and 51.75 HKD respectively [3]

Group 1 - The Hang Seng Index fell by 0.37% on August 18, with southbound trading totaling HKD 181.83 billion, comprising HKD 91.61 billion in buying and HKD 90.22 billion in selling, resulting in a net inflow of HKD 1.39 billion [1] - The southbound trading through Stock Connect (Shenzhen) had a total turnover of HKD 69.21 billion, with net selling of HKD 0.56 billion, while the Shanghai Stock Connect recorded a total turnover of HKD 112.62 billion, with a net inflow of HKD 1.94 billion [1] - The most actively traded stock by southbound funds was the Tracker Fund of Hong Kong, with a total turnover of HKD 6.45 billion, followed by Tencent Holdings and Hua Hong Semiconductor with turnovers of HKD 5.87 billion and HKD 5.73 billion, respectively [1] Group 2 - Among the stocks with significant net buying, China Life Insurance led with a net inflow of HKD 0.67 billion, closing up by 2.87%, while Alibaba-W and Hua Hong Semiconductor had net inflows of HKD 0.62 billion and HKD 0.39 billion, respectively [1][2] - The Tracker Fund of Hong Kong experienced the highest net selling at HKD 6.41 billion, closing down by 0.54%, followed by the Hang Seng China Enterprises Index and Southern Hang Seng Technology with net selling of HKD 1.45 billion and HKD 0.57 billion, respectively [1][2] - Notably, Alibaba-W, Hua Hong Semiconductor, and others appeared on both the Shenzhen and Shanghai Stock Connect active trading lists, with Alibaba-W recording a total turnover of HKD 5.32 billion and a net inflow of HKD 0.62 billion [2]

Core Insights - Southbound capital saw a cumulative net inflow of approximately 38.12 billion HKD this week, a significant increase of about 75% compared to the previous week, primarily driven by a record single-day inflow of 35.88 billion HKD on Friday [2] - The total trading volume of southbound capital this week reached 725.22 billion HKD, accounting for approximately 56.52% of the total trading volume of the Hang Seng Index, which rose by 1.65% over the week [2] Southbound Capital Inflows - The top net purchases included: - Xiaomi Group-W (01810.HK): 3.63 billion HKD - Alibaba-W (09988.HK): 3.30 billion HKD - China Life (02628.HK): 1.35 billion HKD - Tencent Holdings (00700.HK): 1.05 billion HKD [3][4] - Notable net sales included: - Kuaishou-W (01024.HK): 2.36 billion HKD [4] Stock Performance - Xiaomi Group-W experienced a cumulative increase of 3.12% this week, with short-term capital inflows accelerating [4] - Alibaba-W saw a cumulative increase of 1.55%, continuing the trend of short-term capital inflows [4] - China Life recorded a significant increase of 8.46%, with continuous short-term capital inflows [4] - Tencent Holdings rose by 5.53%, also benefiting from ongoing short-term capital inflows [4] - Kuaishou-W faced a decline of 5.50%, with short-term capital accelerating outflows [4] Trading Activity - On the record inflow day, southbound capital net bought approximately 35.88 billion HKD, marking the second highest single-day net purchase this year [4] - The trading volume for southbound capital reached approximately 179.62 billion HKD, the highest in nearly three weeks, representing 57.44% of the Hang Seng Index's trading volume for that day [4][5] ETF Purchases - Major net purchases through Hong Kong stock ETFs included: - Tracker Fund of Hong Kong (02800.HK): 12.79 billion HKD - Hang Seng China Enterprises Index (02828.HK): 5.36 billion HKD - Southern Hang Seng Technology Index (03033.HK): 2.18 billion HKD [5]

Summary of Key Points Core Viewpoint - On August 14, southbound funds recorded a transaction volume of 147.543 billion HKD, with a net inflow of approximately 1.034 billion HKD, indicating active trading in the Hong Kong stock market. Group 1: Net Inflows - Significant net purchases were made in the following companies: - China Life (02628.HK) with a net inflow of 1.353 billion HKD, showing a price increase of 3.60% [2] - Alibaba-W (09988.HK) with a net inflow of 1.42 billion HKD from the Shanghai-Hong Kong Stock Connect and 3.13 billion HKD from the Shenzhen-Hong Kong Stock Connect, despite a price drop of 1.54% [3] - Li Auto-W (02015.HK) with a net inflow of 3.52 billion HKD, experiencing a decline of 1.60% [4] - Sangfor Technologies (01530.HK) with a net inflow of 3.04 billion HKD, increasing by 2.83% [5] - CanSino Biologics (09926.HK) with a net inflow of 2.22 billion HKD, rising by 4.19% [6] - SMIC (00981.HK) with a net inflow of 2.55 billion HKD from the Shenzhen-Hong Kong Stock Connect, despite a slight decrease of 0.10% [7] Group 2: Net Outflows - Major net sales were observed in the following companies: - Tencent Holdings (00700.HK) with a net outflow of 677.8123 million HKD from the Shanghai-Hong Kong Stock Connect and 519.1757 million HKD from the Shenzhen-Hong Kong Stock Connect, with a price increase of 0.68% [8] - Meituan-W (03690.HK) with a net outflow of 141.0263 million HKD from the Shanghai-Hong Kong Stock Connect and 245.3153 million HKD from the Shenzhen-Hong Kong Stock Connect, showing a slight increase of 0.08% [9] - Crystal International (02228.HK) with a net outflow of 134.2188 million HKD from the Shanghai-Hong Kong Stock Connect and 120.6194 million HKD from the Shenzhen-Hong Kong Stock Connect, despite a significant rise of 11.61% [9] - WuXi Biologics (02269.HK) with a net outflow of 18.83193 million HKD from the Shenzhen-Hong Kong Stock Connect, with a minor price increase of 0.06% [9]

Group 1 - Southbound funds recorded a net inflow of approximately 10.34 billion HKD today [1] - China Life Insurance received the highest net buy of about 13.53 billion HKD [1] - Alibaba also saw a significant net buy of approximately 4.55 billion HKD [1] Group 2 - Tencent Holdings experienced a net sell of around 11.97 billion HKD [1]

Core Insights - Southbound capital recorded a total transaction of 153.78 billion HKD on August 13, with a net outflow of approximately 8.28 billion HKD [1] - The Shanghai-Hong Kong Stock Connect experienced a net outflow of about 8.46 billion HKD, while the Shenzhen-Hong Kong Stock Connect saw a net inflow of around 0.18 billion HKD [1] Group 1: Significant Net Purchases - Xinda Biologics (01801.HK) had a net purchase of 709 million HKD and saw a price increase of 8.82% [1] - Li Auto-W (02015.HK) recorded a net purchase of 367 million HKD, with a price increase of 3.30% [1] - FIT HON TENG (06088.HK) experienced a net purchase of 235 million HKD and a price increase of 11.78% [1] - Xiaomi Group-W (01810.HK) had a net purchase of 176 million HKD, with a price increase of 3.00% [2] - Guotai Junan International (01788.HK) saw a net purchase of 56.18 million HKD despite a price drop of 1.47% [3] - Kuaishou-W (01024.HK) had a net purchase of 19.30 million HKD and a price increase of 4.68% [4] Group 2: Significant Net Sales - The Yingfu Fund (02800.HK) faced a net sale of approximately 6850.25 million HKD, with a price increase of 2.35% [5] - The Hang Seng China Enterprises Index (02828.HK) had a net sale of about 2311.16 million HKD, with a price increase of 2.76% [6] - Tencent Holdings (00700.HK) recorded a net sale of approximately 250.29 million HKD, with a price increase of 4.74% [7] - Alibaba Group-W (09988.HK) experienced a net sale of about 242.99 million HKD, with a price increase of 6.09% [8]

Core Viewpoint - Southbound capital has rebounded to recent average levels, indicating a positive sentiment in the market, with significant net inflows into specific Hong Kong stocks and ETFs [2][3]. Group 1: Market Overview - Southbound capital transactions amounted to approximately 128.46 billion HKD, accounting for about 59.63% of the total turnover of the Hang Seng Index [2]. - The Hang Seng Index experienced an upward fluctuation, closing up 0.25% at 24,969.68 points, with a net inflow of approximately 9.45 billion HKD from southbound capital [2]. Group 2: ETF and Stock Performance - Significant net purchases were observed in two Hong Kong stock ETFs, with the Tracker Fund of Hong Kong (02800.HK) receiving a net inflow of 4.16 billion HKD and the Hang Seng China Enterprises Index (02828.HK) receiving 1.87 billion HKD [2]. - Notable net inflows included Tencent Holdings (0700.HK) at 899 million HKD, Alibaba Group (09988.HK) at 648 million HKD, Xiaomi Group (01810.HK) at 384 million HKD, and SMIC (00981.HK) at 306 million HKD [2]. Group 3: Individual Stock Movements - Tencent Holdings saw a slight decline of 0.27%, but short-term capital continued to flow in, with an increase of 501,000 shares over the past five days [3]. - Alibaba Group experienced a drop of 1.60%, with a net increase of 2.225 million shares over the past five days [3]. - Xiaomi Group rose by 1.77%, with a net increase of 3.388 million shares over the past five days [3]. - SMIC increased by 5.03%, with a net increase of 2.753 million shares over the past five days [3]. - Kuaishou (01024.HK) fell by 9.25%, despite a net increase of 2.180 million shares over the past five days [3]. - Hua Hong Semiconductor (01347.HK) rose by 5.43%, with a net increase of 1.235 million shares over the past five days [3].

Summary of Key Points Core Viewpoint - On August 11, the Hang Seng Index rose by 0.19%, with southbound funds totaling a transaction amount of HKD 115.814 billion, resulting in a net inflow of HKD 0.38 million [1]. Group 1: Southbound Fund Transactions - The total transaction amount for southbound funds was HKD 115.814 billion, with buy transactions at HKD 57.926 billion and sell transactions at HKD 57.888 billion, leading to a net buy of HKD 0.38 million [1]. - The southbound trading through the Shenzhen Stock Connect amounted to HKD 46.075 billion, with net buying of HKD 2.19 million, while the Shanghai Stock Connect saw a net sell of HKD 1.80 million [1]. Group 2: Active Stocks - The most actively traded stock by southbound funds was SMIC, with a total transaction amount of HKD 54.92 billion, followed by Tencent Holdings and Xiaomi Group-W with transaction amounts of HKD 34.86 billion and HKD 32.18 billion, respectively [1]. - Xiaomi Group-W had the highest net buy amount of HKD 5.62 million, despite a closing price drop of 0.88%, while XPeng Motors had the highest net sell amount of HKD 6.65 million, with a closing price increase of 5.36% [1]. Group 3: Continuous Net Buying - Two stocks, 康方生物 (Kangfang Biotech) and 小米集团-W (Xiaomi Group-W), experienced continuous net buying for more than three days, with net buying amounts of HKD 27.57 million and HKD 11.82 million, respectively [2].