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<Research>UBS Lists Stocks w/ Highest Net Inflows of Southbound Funds YTD (Table)
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In terms of the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, southbound capital inflows set a record high of US$56 billion in 1Q25, and the industries with the most purchases included the Internet, finance and technology, UBS report wrote.

The broker listed the stocks with the largest inflows of southbound funds YTD:

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Shares│Southbound capital inflow (HKD)

BABA-W (09988.HK) │ 86 billion
TENCENT (00700.HK) │ 67 billion
CHINA MOBILE (00941.HK) │ 26 billion
SMIC (00981.HK) │ 23 billion
BANK OF CHINA (03988.HK) │ 19 billion
XIAOMI-W (01810.HK) │ 17 billion
CM BANK (03968.HK) │ 16 billion
ICBC (01398.HK) │ 15 billion
CHINA SHENHUA (01088.HK) │ 14 billion
CCB (00939.HK) │ 14 billion
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