Southbound funds recorded a net sell-off of HK$3.56 billion today. SMIC, Xiaomi Group-W, and Alibaba-W saw net selling of HK$999 million, HK$686 million, and HK$649 million, respectively. On the net buy side, GenScript Biotech, Kingboard Laminates, and Zhipu ranked as the top three, with net purchases of HK$133 million, HK$97 million, and HK$12 million, respectively.