The Zhitong Finance App learned that on December 18, 2025, Alibaba-W (09988), Xiaomi Group-W (01810), and Changfei Optical Fiber Cable (06869) ranked in the top 3 of Shanghai-Hong Kong Stock Connect (southbound) turnover, with turnover of 2,532 billion yuan, 2,044 billion yuan, and 1,785 billion yuan respectively; Alibaba-W (09988), and Xiaomi Group-W (01810) ranked in the top 3 turnover of Shenzhen-Hong Kong Stock Connect (Southbound), with a turnover of 16.16.16 billion, respectively $8.6 billion, 12.22 100 million yuan, 1.26 billion yuan.
Shanghai Hong Kong Stock Connect (Southbound) Top Ten Active Trading Companies
| Company name | Transaction amount | Net purchase amount |
|---|---|---|
| Alibaba-W (09988) | $25.32 billion | +873.76 million yuan |
| Xiaomi Group-W (01810) | $20.44 billion | +3.49 billion yuan |
| Changfei optical fiber cable (06869) | $17.85 billion | +2.51 billion |
| China Mobile (00941) | $14.10 billion | -$8.13 billion |
| Tencent Holdings (00700) | $13.48 billion | -2.61 billion |
| CNOOC (00883) | $13.09 billion | -$2.25 billion |
| SMIC (00981) | $11.32 billion | -362761 million yuan |
| Yingfu Fund (02800) | $10.27 billion | -$10.22 billion |
| China Gold Corporation (03908) | 9.47 billion yuan | -103.08 million yuan |
| Agricultural Bank (01288) | $6.37 billion | +2.12 billion |
Shenzhen-Hong Kong Stock Connect (Southbound) Top Ten Active Trading Companies
| Company name | Transaction amount | Net purchase amount |
|---|---|---|
| Alibaba-W (09988) | $16.86 billion | -2.43 billion |
| China Gold Corporation (03908) | $12.22 billion | +128.97 million yuan |
| Xiaomi Group-W (01810) | $12.06 billion | +5.55 billion yuan |
| SMIC (00981) | $11.58 billion | +1.29 billion |
| Tencent Holdings (00700) | $11.13 billion | +3.69 billion yuan |
| Changfei optical fiber cable (06869) | $10.66 billion | +1.18 billion |
| China Mobile (00941) | $10.56 billion | -$4.81 billion |
| Meituan-W (03690) | $7.23 billion | +4.34 billion yuan |
| Yingfu Fund (02800) | $6.01 billion | -$4.00 billion |
| Huahong Semiconductor (01347) | $5.23 billion | -$2.02 billion |