Fund Flows | Southbound capital adds over HK$2.8 billion to Zhipu AI, records net purchases of Alibaba for five consecutive days
Track the latest developments of southbound capital flows.
Zhitong HK Connect Active Trading | July 10
Stock Connect Active Trading | July 10, 2026
Southbound Capital Tracker | Net purchases reached over HK$39 billion this week, marking the highest single-week level in nearly four months
① Southbound capital recorded a net inflow of over HK$39 billion this week—into which stocks did investors increase their positions? ② Zhipu AI saw cumulative fund inflows of approximately HK$13.8 billion over the past seven days; how has its share price performed in the short term?
Southbound Capital Flows | Southbound capital recorded a net sell-off of HK$5.995 billion, selling some AI hardware stocks while continuing to accumulate Zhipu AI (02513) with over HK$2.8 billion
On July 10, southbound capital recorded a net sell-off of HK$5.995 billion in the Hong Kong stock market, comprising a net sell-off of HK$3.344 billion via Shanghai-Hong Kong Stock Connect and HK$2.651 billion via Shenzhen-Hong Kong Stock Connect.
Semiconductor Manufacturing International Stock Slips 4.7% in Hong Kong
Market Snapshot | The three major indices moved in mixed directions, with the Hang Seng Index rising 0.6% and the Hang Seng Tech Index falling 0.21%. Technology and internet stocks generally advanced, with Xiaomi up over 3% and Alibaba gaining more than 2
Tech and internet stocks rose broadly, with Xiaomi Group-W up 3.36% and NetEase down 2.73%; most lithium battery stocks declined, with CATL falling 7.92% and Tianqi Lithium down 4.20%; biotechnology stocks advanced across the board, with Pregene Biopharma-B surging 28.93% and Kelun-Biotech rising 8.74%;