On December 22, southbound funds made a net purchase of HK$3.125 billion worth of Hong Kong - listed stocks. Among the beneficiaries, SMIC, Xiaomi Group - W, and Tencent Holdings stood out as the top three in terms of net purchase volume. Specifically, SMIC received a net purchase of HK$731 million, Xiaomi Group - W saw a net purchase of HK$687 million, and Tencent Holdings got a net purchase of HK$597 million. On the flip side, when it comes to net sales, China Mobile, Alibaba - W, and Pop Mart were the main targets. China Mobile faced a net sales volume of HK$579 million, Alibaba - W experienced net sales of HK$520 million, and Pop Mart had net sales of HK$25 million.
