Next up: OpenAI? Trump confirms government is considering taking an equity stake in artificial intelligence companies.

① U.S. President Trump proposed the idea that AI companies provide a certain percentage of equity ownership to the American public, enabling citizens to share in the benefits of AI industry development; ② OpenAI CEO Sam Altman is reportedly in discussions with the White House, and the U.S. government may in the future hold a stake in OpenAI to capitalize a 'public wealth fund.'

cls.cnJun 6 06:38

Southbound Capital Tracker | Net purchases totaled approximately HK$22.8 billion this week, with significant increases in holdings of SMIC and Pop Mart

① Southbound funds recorded a net inflow of approximately HK$22.8 billion this week—into which stocks did investors increase their positions? ② SMIC has seen cumulative fund inflows of nearly HK$4.8 billion over the past seven days—how has its share price performed in the short term?

cls.cnJun 5 19:09

Zhitoong HK Connect Active Trading | June 5

Stock Connect Active Trading | June 5, 2026

Zhitong FinanceJun 5 19:00

Net outflow from Semiconductor Manufacturing International Corporation (SMIC) via Stock Connect amounted to HK$2.783 billion.

Southbound capital recorded net inflows into Tencent (00700.HK) and Yangtze Optical Fibre and Cable (YOFC) (06869.HK), amounting to HK$1.687 billion and HK$237 million, respectively. Net outflows were observed from Semiconductor Manufacturing International Corporation (SMIC) (00981.HK), Hua Hong Semiconductor (01347.HK), and Shenghong Technology (02476.HK), totaling HK$2.783 billion, HK$319 million, and HK$115 million, respectively. Under the Shanghai-Hong Kong Stock Connect, SMIC (00981.HK) saw the highest net capital inflow among active stocks at HK$943 million, while Kingboard Laminates Holdings Limited (01888.HK) recorded the largest net outflow at HK$334 million.

AASTOCKSJun 5 18:25

Southbound Capital Flows | Southbound capital recorded a net selling of HK$2.426 billion, offloading semiconductor and PCB-related stocks, while buying Tencent (00700) with nearly HK$1.7 billion.

On June 5, southbound capital recorded a net sell-off of HK$2.426 billion in the Hong Kong stock market. Of this, Shanghai-Hong Kong Stock Connect saw net purchases of HK$4.988 billion, while Shenzhen-Hong Kong Stock Connect recorded net sales of HK$7.415 billion.

Zhitong FinanceJun 5 17:54

Express News | Southbound funds recorded net sales exceeding HK$2.4 billion today, with SMIC among the top stocks sold.

BreakingsJun 5 17:44