Hang Seng Indexes Company will release its 1H25 index review results on August 22, 2025, with changes effective from September 8, 2025, SDICSI’s research report mentioned. As changes to the Hang Seng Composite Index directly impact the Hong Kong Stock Connect eligibility list, these adjustments are highly significant for investors. The broker anticipated an upsurge in the daily average market cap threshold for inclusion to HKD7.33 billion, with the exclusion threshold rising 17.8% to HKD4.63 billion.

Based on average market cap and turnover rate metrics, SDICSI predicted 22 non-A+H shares are likely to gain Stock Connect eligibility, of which 15 are newly listed in 2025. The report excluded BANK OF E ASIA (00023.HK)  -0.040 (-0.289%)    Short selling $1.05M; Ratio 9.065%   from the potential list, noting that its turnover rate may be insufficient to regain Stock Connect eligibility, while its market cap meets the threshold.

Related News CICC Lists 1Q Holdings of Mainland Active Equity Funds in Hong Kong Stocks (Table)
The broker listed potential newcomers to the Southbound Stock Connect as follows:

Materials
NANSHAN AL INTL (02610.HK)  +0.500 (+1.130%)    Short selling $5.22M; Ratio 7.627%  

Industrials
CONANT OPTICAL (02276.HK)  -0.050 (-0.098%)    Short selling $36.46M; Ratio 26.219%  
ZENERGY (03677.HK)  -0.130 (-1.643%)    Short selling $145.00K; Ratio 0.306%  
BRETON (01333.HK)  -0.580 (-2.678%)    Short selling $203.43K; Ratio 0.995%  

Consumer Discretionary
CAOCAO INC (02643.HK)  -0.820 (-3.181%)    Short selling $168.18K; Ratio 0.603%  
ZHOU LIU FU (06168.HK)  -0.020 (-0.110%)    Short selling $27.47K; Ratio 0.638%  
XXF (02473.HK)  -0.020 (-2.020%)    Short selling $781.50K; Ratio 0.937%  

Consumer Staples
BLUE MOON GROUP (06993.HK)  +0.040 (+1.294%)    Short selling $1.90M; Ratio 19.112%  
IFBH (06603.HK)  -0.150 (-1.395%)    Short selling $93.62K; Ratio 0.647%  
AUNTEA JENNY (02589.HK)  -10.000 (-6.757%)    Short selling $484.26K; Ratio 0.196%  
CHINA FOODS (00506.HK)  -0.030 (-0.822%)    Short selling $224.42K; Ratio 2.911%  

Health care
DUALITYBIO-B (09606.HK)  +1.200 (+0.412%)    Short selling $13.71M; Ratio 4.673%  
MIRXES-B (02629.HK)  0.000 (0.000%)  
BAYZED HEALTH (02609.HK)  -0.040 (-0.798%)    Short selling $102.90K; Ratio 0.217%  
TRANSTHERA-B (02617.HK)  -1.100 (-1.843%)    Short selling $60.08K; Ratio 0.116%  
BRAINAURORA-B (06681.HK)  -0.030 (-0.748%)    Short selling $47.82K; Ratio 0.241%  

Information technology
UNISOUND (09678.HK)  -20.600 (-5.988%)    Short selling $205.97K; Ratio 0.101%  

Property constructors
COUNTRY GARDEN (02007.HK)  -0.010 (-3.448%)    Short selling $3.23M; Ratio 8.047%  
TIME INTERCON (01729.HK)  -1.260 (-5.469%)    Short selling $12.81M; Ratio 3.481%  
ENVISION GREEN (01783.HK)  +0.040 (+1.294%)    Short selling $3.32M; Ratio 20.934%  

The broker mentioned that there are 5 stocks listed this year. The A+H shares that did not enter the Southbound Stock Connect at first will become Southbound Stock Connect targets later:

HAITIAN FLAV (03288.HK)  +0.040 (+0.111%)    Short selling $1.26M; Ratio 1.975%   (Entry into the Southbound Stock Connect on 17/7)
SANHUA (02050.HK)  +0.660 (+2.200%)    Short selling $45.40M; Ratio 14.263%   (Entry into the Southbound Stock Connect on 21/7)
ANJOY FOOD (02648.HK)  +1.150 (+1.420%)    Short selling $588.34K; Ratio 2.408%   (Entry into the Southbound Stock Connect on 31/7)
FORTIOR (01304.HK)  +1.700 (+1.354%)    Short selling $345.79K; Ratio 1.077%   (Entry into the Southbound Stock Connect on 4/8)
LENS (06613.HK)  -0.260 (-1.517%)    Short selling $13.72M; Ratio 8.958%   (Entry into the Southbound Stock Connect on 4/8)
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-24 16:25.)

AASTOCKS Financial News