A list of Hong Kong stocks with the highest week-on-week increase in southbound capital holdings.

This week, the main stock indexes in the Hong Kong stock market clearly retreated, with the Hang Seng Index falling by 3.02%, the Hang Seng TECH Index falling by 6.51%, and the Hang Seng China Enterprises Index falling by 3.07%. According to data from the Securities Times Dataport, this week's total net inflow of southbound funds amounted to 56.069 billion Hong Kong dollars, a firm increase in buying at the time of the pullback, reaching the highest single-week net inflow since October 2025. In terms of net buying amount, southbound funds clearly increased their holdings in internet giants, with Tencent Holdings receiving the highest net buying amount from southbound funds this week, reaching 15.393 billion Hong Kong dollars; Alibaba-W, Xiaomi Corporation-W, and Meituan-W respectively received net buying amounts from southbound funds of 2.854 billion Hong Kong dollars, 2.054 billion Hong Kong dollars, and 1.496 billion Hong Kong dollars. SMIC International experienced a reduction in holdings by southbound funds, with a net sale of 2.304 billion Hong Kong dollars. In terms of changes in holdings, 19 stocks saw an increase in southbound fund holdings of over 10% this week, with Xifang Group topping the list with a 767.41% increase, followed by Nanhua Futures Co., Ltd., China Chunlai, and Brain Dynamic Aurora-B with increases of 32.55%, 28.45%, and 23.25% in holdings, respectively.