SMIC Sees HKD717.8M Net Outflow in Southbound Trading
Southbound Trading Inflows: TENCENT (00700.HK) saw significant net inflows of HKD663.3 million, while MEITUAN-W (03690.HK) and XIAOMI-W (01810.HK) also experienced notable short selling activity.
Southbound Trading Outflows: SMIC (00981.HK) faced a net outflow of HKD717.8 million, indicating a strong selling pressure in the stock.
Market Activity Overview: TENCENT was the most active stock with the highest net inflow of HKD502.8 million, while CHINA MOBILE (00941.HK) had the highest net outflow of HKD637.1 million.
Overall Trading Summary: The total Southbound Trading net outflow was HKD0, accounting for 40.92% of the total transaction amount of HKD97.28 billion.
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Market Performance: The Hang Seng Index (HSI) rose by 468 points (1.9%) to 25,789, while the Hang Seng Tech Index (HSTI) increased by 177 points (3.7%) to 4,973, and the Hang Seng China Enterprises Index (HSCEI) gained 187 points (2.2%) to 8,638.
Top Gainers: Notable stock performances included JD Logistics, which surged 21.3%, JD up 8.5%, and Trip.com rising 7.0%. Major companies like Xiaomi, Alibaba, and Tencent also saw significant increases in their stock prices.
Short Selling Activity: High short selling volumes were reported for several stocks, with Alibaba and JD having short selling ratios of 16.072% and 50.972%, respectively, indicating investor caution despite their price increases.
Other Notable Movements: Stocks like TransThera and Bayzed Health experienced substantial gains of 34.9% and 21.5%, respectively, while Chinahongqiao saw a decline of 3.3%, reflecting varied performance across different sectors.

Market Overview: The HSI opened slightly higher at 25,358, with the HSCEI and HSTECH also showing modest gains, reflecting a positive start in the Hong Kong stock market.
JD Group Performance: JD-SW saw a significant rise of 7.375% despite reporting a 90% YoY decline in net profit, while JD Health and JD Logistics also experienced notable increases in their stock prices due to strong profit growth.
Tech Stocks Movement: Major tech stocks like Tencent and Alibaba showed slight gains, while others like Bilibili and XD Inc faced declines, indicating mixed performance within the sector.
Automotive Sector Updates: BYD Company opened with a slight increase after announcing new battery technology, while other automotive stocks like Xiaomi and Li Auto had varied performances, reflecting ongoing developments in the industry.
Southbound Trading Inflows: TENCENT (00700.HK) saw significant Southbound Trading net inflows of HKD1.5 billion, while CNOOC (00883.HK) and SHANDONG MOLONG (00568.HK) also experienced inflows, despite a decline in their stock prices.
Southbound Trading Outflows: The TRACKER FUND (02800.HK) faced the highest net outflow of HKD13.7 billion, with HSCEI ETF (02828.HK) and CSOP HS TECH (03033.HK) also reporting substantial outflows.
Short Selling Activity: TENCENT had a short selling value of $1.95 billion with a ratio of 16.015%, while TRACKER FUND recorded a short selling of $5.22 billion at a ratio of 13.671%, indicating significant market activity.
Overall Market Movement: At the close, Southbound Trading net outflow totaled HKD0, accounting for 46.78% of the total transaction amount of HKD150.56 billion, reflecting a balanced trading environment.

Short Selling Turnover: The short selling turnover in the Hong Kong market reached $51.4 billion, accounting for 18.4% of the eligible securities turnover, a decrease from 20.8% on the previous trading day.
Top Short Selling Shares: The top five shares with the highest short selling amounts include TRACKER FUND (02800.HK) at $5.22B, BABA-W (09988.HK) at $2.77B, CSOP HS TECH (03033.HK) at $2.09B, TENCENT (00700.HK) at $1.95B, and HSCEI ETF (02828.HK) at $1.79B.
Short Selling Ratios: The short selling ratios for these top shares are TRACKER FUND at 13.7%, BABA-W at 16.1%, CSOP HS TECH at 18.5%, TENCENT at 16%, and HSCEI ETF at 10.7%.
Market Data Delay: It is noted that the stock quotes for Hong Kong stocks are delayed by at least 15 minutes, with the short selling data recorded as of March 5, 2026.

IPO Filing: Chinese autonomous driving technology company Momenta has secretly filed for an IPO in Hong Kong, aiming to raise at least US$1 billion.
Backers and Advisors: The company is backed by General Motors and Tencent, and is working with CICC and Deutsche Bank on the listing process while gauging investor interest.

Market Performance: The Hang Seng Index (HSI) rose by 71 points (0.3%) to 25,321, while the Hang Seng Technology Index (HSTI) and the Hang Seng China Enterprises Index (HSCEI) fell by 33 points (0.7%) and 32 points (0.4%) respectively, with a total market turnover of $321.87 billion.
Active Heavyweights: Major stocks like Alibaba, Meituan, and Tencent experienced declines, with Alibaba closing down 2.8% at $126.3, while HKEX and Xiaomi saw slight gains.
Notable Movers: AIA and Wharf REIC were among the top gainers, with AIA increasing by 5.1% to $85.1, while JD Health faced a significant drop of 6.2% to $47.5.
Sector Highlights: In the HSMI & HSSI sectors, WestChinaCement plummeted by 26.6%, while SH Electric surged by 15.8%, indicating varied performance across different sectors.






