Zhitong HK Connect Active Trading | July 22
Stock Connect Active Trading | July 22, 2026
HKD 6.183 billion net inflow into Tracker Fund of Hong Kong via Stock Connect
Southbound capital recorded net inflows into Tracker Fund of Hong Kong (02800.HK), Hua Hong Semiconductor (01347.HK), and Zhipu AI (02513.HK), amounting to HK$6.183 billion, HK$1.205 billion, and HK$362 million, respectively. Net outflows were observed from Tencent (00700.HK), Alibaba (09988.HK), and Kingboard Laminates (01888.HK), totaling HK$2.765 billion, HK$2.759 billion, and HK$820 million, respectively. The most actively traded stock under Shanghai-Hong Kong Stock Connect with the highest net capital inflow was Tracker Fund of Hong Kong (02800.HK) at HK$3.698 billion, while
Express News | Southbound funds recorded a substantial net purchase of RMB 7.517 billion today. Via Shanghai-Hong Kong Stock Connect, Tracker Fund of Hong Kong and Hua Hong Hongli received net purchases of HKD 3.698 billion and HKD 722 million, respectively; Alibaba-W s
Express News | Alibaba's upcoming 'Qwen Office' product series has already undergone limited internal testing.
Tencent weakened in the afternoon session, as the market expects its mobile gaming revenue in the next quarter to decline slightly; Morningstar noted that the drop is not driven by fundamental factors.
Hong Kong stocks were weaker today (22nd), with the Hang Seng Index last trading at 24,868 points in the afternoon session, down 263 points or approximately 1%, on turnover of HK$260.6 billion. The Hang Seng Tech Index declined 3.1% to 4,663 points. Heavyweight technology stocks dragged down the broader market, with Tencent (00700.HK) falling as much as 7% during the afternoon session to an intraday low of HK$440.6. It was last trading at HK$443.6, down 6.41%, with turnover of HK$25.394 billion. NetEase (09999.HK) was down 7.29% to HK$193.2, marking the worst performance among blue-chip stocks, with turnover of HK$1.991 billion. Kuaishou-W (01024.HK) also fell more than 6%, while Alibaba-
Historic portfolio rebalancing! AI and hard tech take over core positions in public fund holdings, with consumer stocks notably absent from the top ten heavy positions.
① Public mutual funds significantly reshuffled their top ten holdings, with Zhongji Xuchuang becoming the largest single holding, as AI-related hard tech stocks took over core portfolio positions; ② Kweichow Moutai exited this list, marking a rare absence of consumer stocks from the top ten public fund holdings; ③ Technology stocks accounted for half of the top ten most-increased holdings, with numerous prominent fund managers adding positions in SMIC and Sanhuan Group; ④ The top ten most-reduced holdings were dominated by financial, energy, and media assets, with Zhang Kun leading the sell-off in Focus Media and CNOOC.