Stock Connect Active Stocks See HK$46.48 Billion Turnover; MINIMAX-W Debuts with 17% Gain
On August 6, active stocks traded via Hong Kong Stock Connect posted combined turnover of HK$46.481 billion, or 41.31% of the day's total Stock Connect volume, with net selling of HK$1.615 billion. SMIC led turnover at HK$5.773 billion, followed by Zhipu and Alibaba-W. Tencent saw the largest net outflow at HK$2.2 billion. MINIMAX-W made its debut on the list, recording HK$5.06 billion in turnover, net buying of HK$2.697 billion, and closing up 17.10% at HK$297.200.
On August 6, active stocks traded via Hong Kong Stock Connect posted combined turnover of HK$46.481 billion, representing 41.31% of the day's total Stock Connect turnover, with a net selling amount of HK$1.615 billion. Among the stocks on the list that day, SMIC recorded the highest turnover at HK$5.773 billion; Zhipu and Alibaba-W posted HK$5.719 billion and HK$5.498 billion respectively.
Tencent Holdings recorded turnover of HK$5.309 billion with net selling of HK$2.2 billion; Hua Hong Semiconductor had HK$3.156 billion in turnover with net selling of HK$186 million; GigaDevice saw HK$2.458 billion in turnover with net buying of HK$5 million; Yangtze Optical Fibre and Cable (YOFC) posted HK$4.629 billion in turnover with net buying of HK$593 million; Kingboard Laminates recorded HK$4.708 billion in turnover with net buying of HK$753 million; Xiaomi Group-W saw HK$3.284 billion in turnover with net selling of HK$322 million; and Pop Mart posted HK$888 million in turnover with net selling of HK$192 million.
Over the past month, Alibaba-W and YOFC each appeared on the list 23 times, the most frequent among all stocks; Kingboard Laminates appeared 22 times, Xiaomi Group-W 18 times, and Pop Mart three times. MINIMAX-W made its first appearance on the list in the past month, with daily turnover of HK$5.06 billion and net buying of HK$2.697 billion, closing up 17.10% at HK$297.200.