Southbound funds net bought HK$717 million today. In terms of Hong Kong Stock Connect (Shanghai), Meituan-W and Innovent Biologics received net purchases of HK$620 million and HK$300 million respectively; Alibaba-W ranked first in net sales, with an amount of HK$916 million; in terms of Hong Kong Stock Connect (Shenzhen), Innovent Biologics and Li Auto-W received net purchases of HK$825 million and HK$452 million respectively; Tencent Holdings ranked first in net sales, with an amount of HK$1.326 billion.