On February 11, Tencent Holdings (00700), the Tracker Fund (02800), and Shandong Gold-M (01787) were the top three stocks by net southbound capital inflow, attracting HK$736 million, HK$423 million, and HK$393 million, respectively. Conversely, Alibaba-SW (09988), SMIC (00981), and Hua Hong Semiconductor (01347) led the market in net outflows, with outflows of HK$524 million, HK$391 million, and HK$199 million, respectively.

In terms of net inflow ratio, China Overseas Grand Oceans Group (00081), Xinhua Winshare (00811), and China East Education (00667) ranked highest in the market with ratios of 55.30%, 50.59%, and 49.55%. For net outflow ratio, Bank of Zhengzhou (06196), China Energy Engineering Corporation (03996), and Hongye Financial Holdings (03678) were at the top with ratios of -50.51%, -49.70%, and -48.03%.

**Top 10 Net Inflows by Amount** Stock Name, Net Inflow (HK$), Net Inflow Ratio, Closing Price Tencent Holdings (00700), 736 million, 5.67%, 548.000 (-0.54%) Tracker Fund (02800), 423 million, 5.13%, 27.480 (+0.37%) Shandong Gold-M (01787), 393 million, 31.27%, 40.180 (+4.42%) Bilibili Inc (09626), 335 million, 27.53%, 252.800 (+5.16%) CNOOC (00883), 301 million, 22.88%, 24.800 (+0.65%) Zhaojin Mining Industry (01818), 294 million, 19.44%, 32.880 (+0.86%) China Literature (00772), 238 million, 17.91%, 40.080 (-8.03%) Sinopec Corp (00386), 227 million, 23.26%, 5.510 (+1.66%) China Construction Bank (00939), 187 million, 14.56%, 8.150 (+0.37%) WuXi Biologics (02269), 180 million, 12.66%, 41.400 (+3.45%)

**Top 10 Net Outflows by Amount** Stock Name, Net Outflow (HK$), Net Outflow Ratio, Closing Price Alibaba-SW (09988), -524 million, -6.30%, 160.100 (-0.25%) SMIC (00981), -391 million, -6.39%, 70.000 (-2.17%) Hua Hong Semiconductor (01347), -199 million, -15.56%, 99.600 (-1.68%) Changzhou Fusion New Material (06869), -172 million, -5.33%, 107.500 (-5.70%) MMG Ltd (01208), -168 million, -32.19%, 10.160 (+1.60%) China Merchants Bank Co., Ltd. (03968), -139 million, -22.73%, 49.520 (+0.45%) China Life Insurance Co., Ltd. (02628), -137 million, -6.18%, 34.120 (-3.94%) Innovent Biologics, Inc. (01801), -128 million, -15.95%, 89.650 (0.00%) Xiaomi Corporation (01810), -105 million, -1.27%, 37.100 (+4.27%) WuXi AppTec Co., Ltd. (02359), -94.5697 million, -8.42%, 123.900 (+2.57%)

**Top 10 Net Inflow Ratios** Stock Name, Net Inflow Ratio, Net Inflow (HK$), Closing Price China Overseas Grand Oceans Group (00081), 55.30%, 8.1564 million, 2.650 (+1.53%) Xinhua Winshare (00811), 50.59%, 5.2208 million, 11.080 (+0.45%) China East Education (00667), 49.55%, 15.9379 million, 6.100 (+0.49%) CIMC (02039), 49.11%, 34.7858 million, 10.790 (+3.95%) Man Wah Holdings Ltd. (01999), 45.26%, 10.7022 million, 5.000 (+0.81%) COSCO SHIPPING Energy Transportation Co., Ltd. (01138), 41.63%, 70.0351 million, 16.200 (+0.43%) Pax Global Technology Ltd. (00327), 40.97%, 8.4436 million, 4.780 (+0.21%) Zhejiang Expressway Co., Ltd. (00576), 40.43%, 54.7346 million, 7.700 (+1.32%) Qingdao Bank Co., Ltd. (03866), 36.13%, 10.3860 million, 4.560 (+1.56%) Central New Energy (01735), 35.84%, 17.9267 million, 8.070 (+0.25%)

**Top 10 Net Outflow Ratios** Stock Name, Net Outflow Ratio, Net Outflow (HK$), Closing Price Bank of Zhengzhou (06196), -50.51%, -3.1282 million, 1.150 (+1.77%) China Energy Engineering Corporation (03996), -49.70%, -16.9578 million, 1.180 (+1.72%) Hongye Financial Holdings (03678), -48.03%, -5.2165 million, 3.220 (+0.62%) Dazhong Utilities (01635), -46.58%, -9.3468 million, 3.070 (+0.33%) Shui On Land Limited (00272), -46.16%, -2.2157 million, 0.700 (+1.45%) Skyworth Group Ltd. (00751), -43.72%, -5.5419 million, 7.200 (+0.98%) China Resources Gas Group Ltd. (01193), -43.31%, -18.6228 million, 21.860 (+0.92%) Guangshen Railway Co., Ltd. (00525), -42.37%, -7.5251 million, 2.210 (+3.27%) Chi Yuan Holdings Ltd. (00990), -39.59%, -11.9543 million, 0.880 (+4.76%) Sichuan Expressway Co., Ltd. (00107), -39.14%, -4.4214 million, 5.700 (+2.33%)

Note: The southbound capital flow data in the tables above represents the aggregate inflow/outflow. As the Hong Kong Exchange operates on a T+2 settlement cycle, this data is delayed. The figures are automatically generated based on HKEX data through algorithmic processing and are not guaranteed to be 100% accurate.