On January 29th, the Hong Kong stock market saw net purchases of HK$4.374 billion by northbound capital, with the Shanghai-Hong Kong Stock Connect recording net buys of HK$2.373 billion and the Shenzhen-Hong Kong Stock Connect registering net buys of HK$2 billion. The stocks receiving the largest net inflows from northbound capital were the Tracker Fund (02800), TENCENT (00700), and XIAOMI-W (01810). Conversely, CHINA MOBILE (00941), ZIJIN MINING (02899), and BABA-W (09988) were the stocks with the most significant net outflows. The Tracker Fund (02800) attracted net purchases of HK$2.395 billion. TENCENT (00700) received net inflows of HK$800 million. Gold stocks exhibited significant divergence; ZHAOJIN MINING (01818) saw net buying of HK$148 million, while SD GOLD (01787), ZIJIN GOLD INTL (02259), and ZIJIN MINING (02899) experienced net selling of HK$95.3 million, HK$215 million, and HK$377 million respectively. Chip stocks also showed a split trend, with HUA HONG SEMI (01347) gaining net purchases of HK$113 million, whereas SMIC (00981) faced net selling of HK$162 million. SUNAC (01918) surged 30% today, but northbound capital was a net seller throughout the day, offloading HK$93.44 million. Additionally, XIAOMI-W (01810) received net purchases of HK$643 million. Meanwhile, CHINA MOBILE (00941), BABA-W (09988), and CNOOC (00883) saw net outflows of HK$645 million, HK$330 million, and HK$113 million respectively.