On January 21, the Tracker Fund of Hong Kong (02800), the Hang Seng China Enterprises Index Fund (02828), and Alibaba-W (09988) ranked as the top three stocks by net inflow amount from southbound capital, attracting net inflows of 4.145 billion, 1.813 billion, and 1.068 billion, respectively. Conversely, China Mobile (00941), Tencent Holdings (00700), and Jiangxi Copper (00358) led the market in net outflows, with amounts of -950 million, -276 million, and -227 million, respectively.

In terms of net inflow ratio, Stella International Holdings (01836), China Ship Leasing (03877), and Jiangsu Expressway (00177) topped the list with ratios of 60.63%, 58.89%, and 58.43%. For net outflow ratios, United Energy Group (00467), Baiyunshan (00874), and Sinopec Kantons Holdings (00934) were the top three, posting ratios of -58.88%, -56.92%, and -56.49%.

**Top 10 Net Inflow List** Stock Name | Net Inflow (CNY) ↓ | Net Inflow Ratio | Closing Price Tracker Fund of Hong Kong (02800) | 4.145B | 23.35% | 26.800 (+0.45%) Hang Seng China Enterprises Index Fund (02828) | 1.813B | 14.18% | 93.520 (+0.34%) Alibaba-W (09988) | 1.068B | 9.78% | 163.200 (+2.19%) China Life Insurance (02628) | 906M | 38.68% | 32.980 (-1.26%) Kuaishou-W (01024) | 733M | 27.10% | 78.800 (+3.62%) Xiaomi Group-W (01810) | 587M | 6.27% | 35.420 (-0.17%) ANTA Sports (02020) | 527M | 18.69% | 79.100 (-4.18%) China Heavy Truck (03808) | 511M | 18.37% | 32.240 (+7.47%) Meituan-W (03690) | 453M | 12.12% | 97.300 (-0.05%) CSOP Hang Seng TECH Index ETF (03033) | 435M | 3.95% | 5.620 (+0.99%)

**Top 10 Net Outflow List** Stock Name | Net Outflow (CNY) ↓ | Net Outflow Ratio | Closing Price China Mobile (00941) | -950M | -27.81% | 79.200 (-0.13%) Tencent Holdings (00700) | -276M | -2.87% | 602.500 (+0.25%) Jiangxi Copper (00358) | -227M | -22.46% | 45.360 (-0.22%) UBTECH (09880) | -187M | -14.41% | 145.000 (+4.02%) Innovent Biologics (01801) | -176M | -22.00% | 82.700 (-0.60%) China Hongqiao (01378) | -174M | -15.64% | 36.520 (+2.76%) XPeng-W (09868) | -132M | -12.67% | 79.300 (-0.25%) Aluminum Corp of China (02600) | -115M | -17.98% | 12.960 (0.00%) MicroPort MedBot-B (02252) | -98.9516M | -14.37% | 30.920 (+17.30%) PICC P&C (02328) | -85.8196M | -17.46% | 16.030 (-0.56%)

**Top 10 Net Inflow Ratio List** Stock Name | Net Inflow Ratio ↓ | Net Inflow (CNY) | Closing Price Stella International Holdings (01836) | 60.63% | 17.185M | 14.640 (+0.34%) China Ship Leasing (03877) | 58.89% | 5.7725M | 2.230 (-0.89%) Jiangsu Expressway (00177) | 58.43% | 38.9327M | 9.520 (+0.21%) PCCW (00008) | 54.65% | 16.0694M | 5.490 (+1.29%) Shougang Fushan Resources (00639) | 54.14% | 23.6456M | 3.420 (+0.88%) JNBY (03306) | 53.42% | 9.9137M | 20.360 (+0.69%) Biocytogen Pharmaceuticals-B (02315) | 51.49% | 34.0711M | 39.900 (+5.56%) 361 Degrees (01361) | 51.24% | 9.5266M | 5.820 (+0.69%) Zhengzhou Bank (06196) | 47.12% | 2.2139M | 1.130 (0.00%) Beijing Enterprises (00392) | 46.82% | 39.1882M | 34.180 (+2.83%)

**Top 10 Net Outflow Ratio List** Stock Name | Net Outflow Ratio ↓ | Net Outflow (CNY) | Closing Price United Energy Group (00467) | -58.88% | -9.4907M | 0.480 (+2.13%) Baiyunshan (00874) | -56.92% | -9.3928M | 18.750 (+0.81%) Sinopec Kantons Holdings (00934) | -56.49% | -4.9731M | 4.150 (+1.72%) Yadea Group (01585) | -52.23% | -32.7786M | 11.890 (+0.17%) Fuyao Glass (03606) | -43.77% | -71.8701M | 64.550 (-0.69%) Sunshine Insurance (06963) | -42.14% | -21.7285M | 4.210 (-1.17%) Qingdao Port (06198) | -40.67% | -5.1898M | 7.270 (-0.41%) TS Lines (02510) | -40.28% | -4.4810M | 8.260 (+0.24%) Tigermed (03347) | -39.39% | -38.5679M | 51.750 (-1.24%) Country Garden Services (06098) | -39.01% | -14.3883M | 6.320 (-0.16%)

Note: The HK Connect capital flow data in the tables above represent the aggregate inflow/outflow figures. As the Hong Kong Exchange operates on a T+2 settlement cycle, this data is delayed. This data is automatically generated by an AI system based on HKEX data and does not guarantee 100% accuracy.