Southbound capital saw a significant net outflow of HK$5.589 billion today. In the Shanghai-Hong Kong Stock Connect, Xiaomi Group-W and SMIC saw net outflows of HK$1.535 billion and HK$769 million respectively; Alibaba-W saw the largest net inflow of HK$784 million. In the Shenzhen-Hong Kong Stock Connect, SMIC and Meituan-W saw net outflows of HK$1.239 billion and HK$832 million respectively; Tencent Holdings saw the largest net inflow of HK$734 million.