There was HKD391.9 million, HKD208.8 million and HKD100.1 million Southbound Trading net inflow to SMIC (00981.HK) -1.050 (-1.448%) Short selling $110.73M; Ratio 4.617% , SANHUA (02050.HK) -0.120 (-0.312%) Short selling $110.81M; Ratio 6.746% and BABA-W (09988.HK) -1.700 (-1.176%) Short selling $788.77M; Ratio 15.498% .There was HKD682.6 million and HKD646.5 million Southbound Trading net outflow from ZIJIN MINING (02899.HK) +0.300 (+0.848%) Short selling $353.33M; Ratio 15.065% and TENCENT (00700.HK) -1.000 (-0.167%) Short selling $516.74M; Ratio 7.960% .Related NewsCiti Expects Trade-in Policy to Be Positive for CN E-commerce Platforms, Offsetting High Base Impact in 1H26For Southbound Trading of Shanghai-Hong Kong Stock Connect, CM BANK (03968.HK) -0.200 (-0.377%) Short selling $728.47M; Ratio 53.217% was the most active stock with highest net inflow of HKD724.1 million, while ZIJIN MINING (02899.HK) +0.300 (+0.848%) Short selling $353.33M; Ratio 15.065% was the most active stock with highest net outflow of HKD589.9 million. For Southbound Trading of Shenzhen-Hong Kong Stock Connect, SMIC (00981.HK) -1.050 (-1.448%) Short selling $110.73M; Ratio 4.617% was the most active stock with highest net inflow of HKD249.5 million, while TENCENT (00700.HK) -1.000 (-0.167%) Short selling $516.74M; Ratio 7.960% was the most active stock with highest net outflow of HKD507.7 million. At close, Southbound Trading net outflow totaled HKD0 , representing 45.44% of the total transaction amount of HKD54.06 billion. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-12-31 12:25.)Related NewsM Stanley: CN New Car Subsidy Policy Tweak Favors High-End Car Sales; Li Auto, Nio, Zhongsheng Preferred