The Zhitong Finance App learned that on December 11, 2025, Alibaba-W (09988), SMIC (00981), and ZTE (00763) ranked in the top 3 of the Shanghai-Hong Kong Stock Connect (southbound) turnover, with turnover of 3.85 billion yuan, 1,939 billion yuan, and 1,871 billion yuan respectively; Alibaba-W (09988), Xiaomi Group-W (01810), and Meituan-W (03690) ranked in the top 3 of Shenzhen-Hong Kong Stock Connect (Southbound) turnover, respectively, with a turnover of 32.10 billion yuan 100 million yuan, 2,260 billion yuan, $18.92 billion.
Shanghai Hong Kong Stock Connect (Southbound) Top Ten Active Trading Companies
| Company name | Transaction amount | Net purchase amount |
|---|---|---|
| Alibaba-W (09988) | $30.85 billion | +6.95 billion yuan |
| SMIC (00981) | $19.39 billion | -7432.54 million yuan |
| ZTE (00763) | $18.71 billion | -1.84 billion |
| Changfei optical fiber cable (06869) | $16.07 billion | -1.55 billion |
| Tencent Holdings (00700) | $13.10 billion | +$3.00 billion |
| Xiaomi Group-W (01810) | $12.65 billion | -$3.21 billion |
| Agricultural Bank (01288) | $11.52 billion | +3.49 billion yuan |
| China Construction Bank (00939) | $8.94 billion | -1.96 billion yuan |
| ICBC (01398) | $7.96 billion | -797.889 million yuan |
| CNOOC (00883) | $7.52 billion | -5.18 billion yuan |
Shenzhen-Hong Kong Stock Connect (Southbound) Top Ten Active Trading Companies
| Company name | Transaction amount | Net purchase amount |
|---|---|---|
| Alibaba-W (09988) | $32.10 billion | -$11.12 billion |
| Xiaomi Group-W (01810) | $22.60 billion | +$13.31 billion |
| Meituan-W (03690) | $18.92 billion | +12.79 billion yuan |
| Tencent Holdings (00700) | $16.35 billion | -4.15 billion yuan |
| Changfei optical fiber cable (06869) | $12.56 billion | +1.54 billion yuan |
| SMIC (00981) | $12.16 billion | -$3.29 billion |
| ZTE (00763) | $10.63 billion | -1.74 billion yuan |
| Kuaishou-W (01024) | 9.23 billion yuan | -1104.33 million yuan |
| shell-w (02423) | $7.07 billion | +6.47 billion yuan |
| Huahong Semiconductor (01347) | 6.14 billion yuan | -2.57 billion yuan |