Fund Flows | Southbound capital bought over HK$7.5 billion worth of Hong Kong-listed stocks, increasing positions in Huahong Hongli and Zhipu

Track the latest developments of southbound capital flows.

Gelonghui FinanceJul 22 20:34

Zhitong HK Connect Active Trading | July 22

Stock Connect Active Trading | July 22, 2026

Zhitong FinanceJul 22 19:00

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

AASTOCKSJul 22 18:25

Shocking Silicon Valley! OpenAI Model 'Jailbreaks' and Breaches HuggingFace to 'Copy Answers'; Zhipu AI's GLM 5.2 Steps In as Emergency Backup

OpenAI tested its own AI model's hacking capabilities, only for the model to actually 'break free' and infiltrate another party's system. Adding irony to the situation, the victim attempted to trace the attack using mainstream U.S. AI models, but those systems refused to analyze the malicious payload due to built-in safety safeguards. Ultimately, they had to rely on China's Zhipu AI GLM-5.2 to resolve the issue. Netizens joked, 'If you're attacked by OpenAI, you can only use a Chinese model—because Claude won't help you.'

wallstreetcnJul 22 10:18

Overseas Research Daily 0722 | Goldman Sachs: AI-related debt issuance reaches $489 billion this year; credit spreads may widen modestly

① Deutsche Bank: A strong El Niño could trigger the next supply shock, exacerbating global inflationary pressures; ② Goldman Sachs: The Federal Reserve’s five proposed reforms may largely involve compromises, with the greatest room for adjustment in its communication framework; ③ UBS Group: Open-source AI models will not diminish demand for AI computing power—NVIDIA stands to benefit, while software firms face pressure; ④ JPMorgan: Kimi K3 prompts a revaluation of Chinese large language model valuations, suggesting that Zhipu AI’s previous decline was excessive.

cls.cnJul 22 18:18

Southbound Capital Tracker | Net Purchases Exceed HK$7.5 Billion; Added Positions in Hua Hong Hongli, While Zhipu AI Continued to Reduce Holdings in Tencent

① Southbound capital recorded approximately HK$149.5 billion in trading volume on the day—into which specific stocks did funds continue to flow? ② Over HK$12 billion flowed into Hua Hong Hongli; what has been the recent trend in its holdings?

cls.cnJul 22 18:05