Southbound funds saw a significant net inflow of 9.44 billion yuan today. On the Shanghai side of the Hong Kong Stock Connect, Alibaba-W and Meituan-W saw net inflows of HK$2.156 billion and HK$1.179 billion, respectively. Xiaomi Group-W led the way with net sales of HK$1.057 billion. On the Shenzhen side of the Hong Kong Stock Connect, Alibaba-W and Meituan-W saw net inflows of HK$2.895 billion and HK$921 million, respectively. Kangfang Biopharma led the way with net sales of HK$265 million.