Southbound funds recorded a net purchase of 1.217 billion yuan today. According to Jin10, in the Shanghai-Hong Kong Stock Connect, Xiaomi Group-W and Alibaba-W saw net purchases of 628 million Hong Kong dollars each. Tencent Holdings experienced the highest net sell-off, amounting to 708 million Hong Kong dollars. In the Shenzhen-Hong Kong Stock Connect, Alibaba-W and Yangtze Optical Fibre and Cable registered net purchases of 908 million and 424 million Hong Kong dollars, respectively. Meanwhile, Semiconductor Manufacturing International Corporation (SMIC) faced the largest net sell-off, totaling 278 million Hong Kong dollars.