On December 24, 2025, SMIC (00981), Alibaba-W (09988), and China Mobile (00941) topped the Shanghai-Hong Kong Stock Connect (Southbound) by turnover at RMB2.939 billion, RMB1.946 billion, and RMB1.041 billion respectively. Meanwhile, SMIC (00981), Alibaba-W (09988), and Tencent (00700) led the Shenzhen-Hong Kong Stock Connect (Southbound) with turnovers of RMB1.678 billion, RMB1.074 billion, and RMB916 million respectively.

**Top 10 Active Stocks - Shanghai-Hong Kong Stock Connect (Southbound)** - SMIC (00981): RMB2.939B (+RMB65.4308M net buy) - Alibaba-W (09988): RMB1.946B (-RMB157M net sell) - China Mobile (00941): RMB1.041B (-RMB513M net sell) - Yangtze Optical Fibre (YOFC) (06869): RMB892M (-RMB50.8705M net sell) - Hua Hong Semiconductor (01347): RMB849M (-RMB185M net sell) - Tencent (00700): RMB755M (-RMB58.0662M net sell) - Xiaomi-W (01810): RMB561M (-RMB1.4921M net sell) - Agricultural Bank of China (01288): RMB482M (+RMB175M net buy) - ICBC (01398): RMB447M (-RMB23.438M net sell) - Ganfeng Lithium (01772): RMB406M (-RMB549K net sell)

**Top 10 Active Stocks - Shenzhen-Hong Kong Stock Connect (Southbound)** - SMIC (00981): RMB1.678B (+RMB425M net buy) - Alibaba-W (09988): RMB1.074B (-RMB131M net sell) - Tencent (00700): RMB916M (-RMB553M net sell) - Hua Hong Semiconductor (01347): RMB583M (+RMB291M net buy) - China Mobile (00941): RMB543M (-RMB198M net sell) - YOFC (06869): RMB345M (+RMB77.7919M net buy) - CSPC Pharma (01093): RMB272M (+RMB100M net buy) - Xiaomi-W (01810): RMB268M (+RMB5.8949M net buy) - China Hongqiao (01378): RMB226M (-RMB82.9958M net sell) - Ganfeng Lithium (01772): RMB208M (+RMB26.8445M net buy)