As of December 3, 2025, the top three stocks by Hong Kong Stock Connect ownership ratio are CHINA TELECOM (00728), DYNAGREEN ENV (01330), and DZUG (01635), with holdings of 72.68%, 69.12%, and 69.03%, respectively.

In the latest five trading days, MEITUAN-W (03690), POP MART (09992), and ZTE (00763) saw the largest increases in holdings by value, rising by +HKD 33.29 billion, +HKD 13.19 billion, and +HKD 10.60 billion, respectively. Conversely, ZIJIN MINING (02899), SMIC (00981), and LENOVO GROUP (00992) recorded the largest decreases, dropping by -HKD 8.61 billion, -HKD 8.15 billion, and -HKD 4.30 billion, respectively.

### Key Data Highlights (Exchange data based on T+2 settlement):

#### 1. **Top 20 Stocks by Hong Kong Stock Connect Ownership Ratio** - CHINA TELECOM (00728): 10.087B shares (72.68%) - DYNAGREEN ENV (01330): 280M shares (69.12%) - DZUG (01635): 368M shares (69.03%) - HAO TIAN INTL (01341): 7.458B shares (68.75%) - TRIUMPH NEW EN (01108): 170M shares (67.80%)

#### 2. **Top 10 Stocks with Largest Holdings Increase (Past 5 Trading Days)** - MEITUAN-W (03690): +HKD 33.29B (+13.7526M shares) - POP MART (09992): +HKD 10.60B (+4.9058M shares) - ZTE (00763): +HKD 7.66B (+23.5406M shares)

#### 3. **Top 10 Stocks with Largest Holdings Decrease (Past 5 Trading Days)** - ZIJIN MINING (02899): -HKD 8.61B (-26.264M shares) - SMIC (00981): -HKD 8.15B (-12.1252M shares) - LENOVO GROUP (00992): -HKD 4.30B (-43.6821M shares)

*Note: Data is automatically generated by AI based on HKEX disclosures and may not be 100% accurate. Holdings value change = shares changed × previous closing price.*