Zhitong HK Connect Active Trading | June 9
Stock Connect Active Trading | June 9, 2026
Fund Flows | Southbound capital sold HK$8.614 billion worth of Hong Kong-listed stocks, while buying into KCC Corporation and KB Holdings
Track the latest developments of southbound capital flows.
Southbound Capital Flow | Southbound trading recorded a net sell-off of HK$8.614 billion, with mainland investors again selling Hong Kong-listed ETFs; JianTao Group (00148) saw over HK$1.8 billion in aggressive buying throughout the day
On June 9, southbound capital recorded a net selling of HK$8.614 billion in the Hong Kong stock market. Of this, Shanghai-Hong Kong Stock Connect saw a net selling of HK$98 million, while Shenzhen-Hong Kong Stock Connect recorded a net selling of HK$85.16 billion.
Hong Kong Market Snapshot | The three major indices moved mixed, with the Hang Seng Index down 0.37%; southbound capital recorded a net outflow exceeding HK$8.6 billion. Semiconductor stocks gained strength, with Tianshu Zhixin rising over 11%, while oil
Technology and internet stocks rose collectively, with Tencent up 1.52% and Alibaba down 1.43%; most oil stocks declined, as Yanchang Petroleum International gained 4.69% while PetroChina fell 4.58%; building materials stocks strengthened, with China National Building Material surging 14.51% and Dongwu Cement rising 3.66%;
Hard-tech stocks in the Hong Kong market surged strongly, with the E Fund CSI Overseas China Internet ETF (159196) rising 5.88% and attracting over RMB 1 billion in net fund inflows in the past 20 trading days.
Gelonghui, June 9 | Hong Kong-listed hard tech stocks surged strongly, with gains across the PCB supply chain and semiconductor sectors. KBT Group rose 22%, KBTL rose 14%, and SMIC, Montage Technology, Hua Hong Hongli, and Lenovo Group all advanced, driving a 5.88% increase in the E Fund CSI Connect Information Technology ETF (159196). On the news front, factories in Saudi Arabia’s Jubail Industrial City—supplying approximately 70% of global PPE resin—halted operations at the end of March due to disruptions in shipping through the Strait of Hormuz. With shortages emerging in high-end copper-clad laminates and high-speed PCB raw materials, both pricing and lead times have spiraled out of control, officially triggering an industry-wide price hike wave. According to Goldman Sachs
Chip stocks rose collectively, with institutions expecting further upside potential in mainland China's CSP capital expenditures, while sectors such as storage remain highly robust.
Chip stocks rose collectively. As of the time of writing, Tianshu Zhixin (09903) gained 9.09% to HK$504; SMIC (00981) rose 4.07% to HK$75.5; ASMPT (00522) increased 6.53% to HK$181; and Montage Technology (06809) climbed 4.03% to HK$361.6.