Stock Connect Active Stocks: HK$393.54 Billion Turnover, HK$41.02 Billion Net Sell; Huahong Hongli Leads Net

On July 24, active stocks traded under the Stock Connect program recorded a combined turnover of HK$393.54 billion and a net sell of HK$41.02 billion. Among the stocks listed on the active list, five received net buying from southbound funds. Huahong Hongli saw the largest net buy of HK$3.79 billion, followed by SMIC at HK$3.20 billion, Zhaoyi Innovation at HK$1.72 billion, Zhipu at HK$2.39 billion, and Lanqi Technology at HK$0.14 billion. Notably, Zhipu has been net bought for five consecutive trading days, with a total net inflow of HK$25.47 billion, while Lanqi Technology has been net bought for three consecutive days. At the close on the same day, Zhipu stood at HK$1,237.00, up 5.64%; Lanqi Technology at HK$332.60, up 6.67%; Huahong Hongli at HK$149.80, up 0.27%; SMIC at HK$71.35, up 0.85%; and Zhaoyi Innovation at HK$568.00, up 1.52%.