The Zhitong Finance App learned that on December 4, 2025, Tencent Holdings (00700), Alibaba-W (09988), and Xiaomi Group-W (01810) ranked in the top 3 of the Shanghai-Hong Kong Stock Connect (southbound) turnover, with turnover of 3.75 billion yuan, 2,939 billion yuan, and 2,688 billion yuan respectively; Alibaba-W (09988), Xiaomi Group-W (01810), and Tencent Holdings (00700) ranked in the top 3 of Shenzhen-Hong Kong Stock Connect (Southbound) turnover, respectively, with a turnover of $2.379 billion, $23.16 billion , $15.21 billion.
Shanghai Hong Kong Stock Connect (Southbound) Top Ten Active Trading Companies
| Company name | Transaction amount | Net purchase amount |
|---|---|---|
| Tencent Holdings (00700) | $37.50 billion | -19.19 billion yuan |
| Alibaba-W (09988) | $29.39 billion | -704.09 million yuan |
| Xiaomi Group-W (01810) | $26.78 billion | -5.62 billion yuan |
| Yingfu Fund (02800) | $23.42 billion | +21.07 billion |
| SMIC (00981) | $15.40 billion | -3.79 billion yuan |
| Huahong Semiconductor (01347) | $10.21 billion | -2614.55 million yuan |
| Meituan-W (03690) | 9.12 billion yuan | -2.10 billion |
| Sanhua Intelligent Control (02050) | $8.53 billion | -5657.75 million yuan |
| Xiaopeng Motor-W (09868) | $7.36 billion | +1.03 billion |
| Best Choice (09880) | $7.33 billion | +954.58 million yuan |
Shenzhen-Hong Kong Stock Connect (Southbound) Top Ten Active Trading Companies
| Company name | Transaction amount | Net purchase amount |
|---|---|---|
| Alibaba-W (09988) | $23.79 billion | +6926.77 million yuan |
| Xiaomi Group-W (01810) | $23.16 billion | +7.94 billion yuan |
| Tencent Holdings (00700) | $15.21 billion | +5.73 billion yuan |
| SMIC (00981) | $10.70 billion | -7936.56 million yuan |
| Meituan-W (03690) | $8.03 billion | +$2.19 billion |
| Huahong Semiconductor (01347) | 5.79 billion yuan | +797.825 million yuan |
| Kuaishou-W (01024) | 5.49 billion yuan | -9372.22 million yuan |
| Pharmaceutical Biology (02269) | 5.20 billion yuan | +3.16 billion yuan |
| Yingfu Fund (02800) | 5.04 billion yuan | +4.99 billion yuan |
| CNOOC (00883) | $4.72 billion | +3007.07 million yuan |