On June 4, southbound funds engaged in net sales of Hong Kong stocks valued at HKD 315 million. Within this activity, significant net purchases were observed in several stocks: Huahong Semiconductor saw a net buy-in of HKD 708 million, Pop Mart attracted HKD 552 million, China National Offshore Oil Corporation received HKD 247 million, GigaDevice Semiconductor was net bought for HKD 206 million, YOFC had net purchases of HKD 195 million, SMIC drew HKD 184 million, and Xiaomi Group was net purchased for HKD 165 million. Conversely, there were notable net sales, with China Hongqiao experiencing a net outflow of HKD 580 million, Tencent seeing HKD 521 million in net sales, Meituan recording HKD 471 million in net sales, Alibaba facing HKD 437 million in net sales, and Akeso witnessing HKD 340 million in net sales. It is particularly noteworthy that southbound funds have demonstrated unwavering confidence in SMIC, with continuous net purchases spanning 14 consecutive days, accumulating to a substantial HKD 17.71271 billion. In contrast, Meituan has faced net sales for three consecutive days, totaling HKD 1.53177 billion.