On January 23, 2026, Alibaba-W (09988), Pop Mart (09992), and Tencent Holdings (00700) were the top three stocks by turnover value on the Shanghai-Hong Kong Stock Connect (Southbound), with transaction values of RMB 4.748 billion, RMB 2.660 billion, and RMB 2.614 billion, respectively. Alibaba-W (09988), Tencent Holdings (00700), and Pop Mart (09992) were the top three stocks by turnover value on the Shenzhen-Hong Kong Stock Connect (Southbound), with transaction values of RMB 3.322 billion, RMB 1.798 billion, and RMB 1.370 billion, respectively.

Top 10 Active Trading Companies on Shanghai-Hong Kong Stock Connect (Southbound) Company Name: Turnover Amount, Net Buy Amount Alibaba-W (09988): RMB 4.748 billion, -RMB 595 million Pop Mart (09992): RMB 2.660 billion, +RMB 480 million Tencent Holdings (00700): RMB 2.614 billion, +RMB 396 million Xiaomi Group-W (01810): RMB 2.450 billion, +RMB 429 million Drinda (02865): RMB 2.181 billion, -RMB 4.2216 million China Mobile (00941): RMB 1.495 billion, -RMB 622 million SMIC (00981): RMB 1.423 billion, -RMB 10.8731 million China Life Insurance Company (02628): RMB 1.309 billion, +RMB 180 million Goldwind (02208): RMB 1.276 billion, -RMB 123 million YOFC (06869): RMB 1.026 billion, -RMB 138 million

Top 10 Active Trading Companies on Shenzhen-Hong Kong Stock Connect (Southbound) Company Name: Turnover Amount, Net Buy Amount Alibaba-W (09988): RMB 3.322 billion, -RMB 895 million Tencent Holdings (00700): RMB 1.798 billion, -RMB 156 million Pop Mart (09992): RMB 1.370 billion, +RMB 268 million Xiaomi Group-W (01810): RMB 1.274 billion, +RMB 179 million SMIC (00981): RMB 1.077 billion, +RMB 36.5869 million CNOOC (00883): RMB 906 million, +RMB 32.6877 million Drinda (02865): RMB 684 million, +RMB 56.5844 million China Life Insurance Company (02628): RMB 579 million, -RMB 186 million LAOPU GOLD (06181): RMB 579 million, -RMB 66.8666 million Meituan-W (03690): RMB 518 million, -RMB 86.5948 million