<p>According to data disclosed on February 11, 2025, Zhitong Finance APP learned that China Telecom (00728), MOG DIGITECH (01942), and KaiSheng New Energy (01108) ranked the top three in the Hong Kong Stock Connect shareholding ratio, with 71.67%, 67.94%, and 67.85% respectively. In addition, Alibaba - W (09988), Lenovo Group (00992), and BYD COMPANY (01211) saw the largest increase in shareholding amounts over the last five trading days with increases of +2.564 billion, +1.714 billion, and +1.265 billion respectively; Tencent (00700), China Mobile (00941), and Meituan - W (03690) experienced the largest decreases in shareholding amounts over the last five trading days with decreases of -4.188 billion, -792 million, and -691 million respectively.</p>
<p>The specific data is as follows (exchange data based on T+2 settlement):</p>
<ol>
<li>Latest shareholding ratio ranking of Hong Kong Stock Connect (Top 20)</li>
</ol>
<table>
<thead>
<tr>
<th>Company Name</th>
<th>Shareholding Amount</th>
<th>Latest Shareholding Ratio</th>
</tr>
</thead>
<tbody>
<tr>
<td>China Telecom (00728)</td>
<td>9.947 billion shares</td>
<td>71.67%</td>
</tr>
<tr>
<td>MOG DIGITECH (01942)</td>
<td>633 million shares</td>
<td>67.94%</td>
</tr>
<tr>
<td>KaiSheng New Energy (01108)</td>
<td>170 million shares</td>
<td>67.85%</td>
</tr>
<tr>
<td>Shandong Molong (00568)</td>
<td>166 million shares</td>
<td>64.81%</td>
</tr>
<tr>
<td>Green Power Environmental (01330)</td>
<td>252 million shares</td>
<td>62.41%</td>
</tr>
<tr>
<td>Baiyunshan (00874)</td>
<td>136 million shares</td>
<td>61.89%</td>
</tr>
<tr>
<td>Huaneng International Power (01071)</td>
<td>1.037 billion shares</td>
<td>60.37%</td>
</tr>
<tr>
<td>Tianjin Chuangye Environmental (01065)</td>
<td>203 million shares</td>
<td>59.57%</td>
</tr>
<tr>
<td>COSCO Shipping Energy (01138)</td>
<td>756 million shares</td>
<td>58.35%</td>
</tr>
<tr>
<td>Fosun Pharma (02196)</td>
<td>319 million shares</td>
<td>57.72%</td>
</tr>
<tr>
<td>Dongfang Securities (03958)</td>
<td>578 million shares</td>
<td>56.23%</td>
</tr>
<tr>
<td>First Tractor Company (00038)</td>
<td>220 million shares</td>
<td>56.17%</td>
</tr>
<tr>
<td>Kanglong Chemical (03759)</td>
<td>169 million shares</td>
<td>55.92%</td>
</tr>
<tr>
<td>Hongye Futures (03678)</td>
<td>139 million shares</td>
<td>55.77%</td>
</tr>
<tr>
<td>Southern Hang Seng Technology (03033)</td>
<td>4.540 billion shares</td>
<td>55.53%</td>
</tr>
<tr>
<td>New Tian Green Energy (00956)</td>
<td>988 million shares</td>
<td>53.73%</td>
</tr>
<tr>
<td>China Shenhua (01088)</td>
<td>1.808 billion shares</td>
<td>53.52%</td>
</tr>
<tr>
<td>Gome Retail (00493)</td>
<td>24.866 billion shares</td>
<td>51.92%</td>
</tr>
<tr>
<td>Chenming Paper (01812)</td>
<td>274 million shares</td>
<td>51.91%</td>
</tr>
<tr>
<td>China Railway Construction (01186)</td>
<td>1.077 billion shares</td>
<td>51.85%</td>
</tr>
</tbody>
</table>
<ol>
<li>Recent 5 trading days increase list of Hong Kong Stock Connect (Top 10)</li>
</ol>
<table>
<thead>
<tr>
<th>Company Name</th>
<th>Change in Shareholding Amount</th>
<th>Change in Shareholding Number</th>
</tr>
</thead>
<tbody>
<tr>
<td>Alibaba - W (09988)</td>
<td>+2.564 billion yuan</td>
<td>+24.4445 million shares</td>
</tr>
<tr>
<td>Lenovo Group (00992)</td>
<td>+1.714 billion yuan</td>
<td>+140.9826 million shares</td>
</tr>
<tr>
<td>BYD Company (01211)</td>
<td>+1.265 billion yuan</td>
<td>+3.8590 million shares</td>
</tr>
<tr>
<td>Industrial and Commercial Bank of China (01398)</td>
<td>+966 million yuan</td>
<td>+176.9000 million shares</td>
</tr>
<tr>
<td>Jingtai Holdings - P (02228)</td>
<td>+758 million yuan</td>
<td>+113.1390 million shares</td>
</tr>
<tr>
<td>China Merchants Bank (03968)</td>
<td>+637 million yuan</td>
<td>+14.6953 million shares</td>
</tr>
<tr>
<td>Sutech Jun Chuang (02498)</td>
<td>+617 million yuan</td>
<td>+16.6279 million shares</td>
</tr>
<tr>
<td>XPeng - W (09868)</td>
<td>+554 million yuan</td>
<td>+8.9843 million shares</td>
</tr>
<tr>
<td>SMIC (00981)</td>
<td>+510 million yuan</td>
<td>+11.2692 million shares</td>
</tr>
<tr>
<td>Xiaomi Group - W (01810)</td>
<td>+497 million yuan</td>
<td>+11.6841 million shares</td>
</tr>
</tbody>
</table>
<ol>
<li>Recent 5 trading days decrease list of Hong Kong Stock Connect (Top 10)</li>
</ol>
<table>
<thead>
<tr>
<th>Company Name</th>
<th>Change in Shareholding Amount</th>
<th>Change in Shareholding Number</th>
</tr>
</thead>
<tbody>
<tr>
<td>Tencent Holdings (00700)</td>
<td>-4.188 billion yuan</td>
<td>-9.7981 million shares</td>
</tr>
<tr>
<td>China Mobile (00941)</td>
<td>-792 million yuan</td>
<td>-10.2826 million shares</td>
</tr>
<tr>
<td>Meituan - W (03690)</td>
<td>-691 million yuan</td>
<td>-4.2683 million shares</td>
</tr>
<tr>
<td>Kingdee International (00268)</td>
<td>-627 million yuan</td>
<td>-47.2524 million shares</td>
</tr>
<tr>
<td>Weimob Group (02013)</td>
<td>-426 million yuan</td>
<td>-181.4480 million shares</td>
</tr>
<tr>
<td>SenseTime - W (00020)</td>
<td>-405 million yuan</td>
<td>-237.1191 million shares</td>
</tr>
<tr>
<td>China National Offshore Oil Corporation (00883)</td>
<td>-372 million yuan</td>
<td>-19.8743 million shares</td>
</tr>
<tr>
<td>BYD Electronics (00285)</td>
<td>-349 million yuan</td>
<td>-6.3387 million shares</td>
</tr>
<tr>
<td>Ping An Insurance (02318)</td>
<td>-223 million yuan</td>
<td>-5.0405 million shares</td>
</tr>
<tr>
<td>Xindong Company (02400)</td>
<td>-223 million yuan</td>
<td>-7.5006 million shares</td>
</tr>
</tbody>
</table>

<p>According to data from February 11, 2025, CHINA TELECOM, MOG DIGITECH, and KaiSheng New Energy ranked the top three in terms of shareholding ratios in the Hong Kong Stock Connect, at 71.67%, 67.94%, and 67.85% respectively. Alibaba, LENOVO GROUP, and BYD COMPANY saw the largest increase in shareholding amounts over the last five trading days, while TENCENT, China Mobile, and Meituan-W experienced the largest decrease</p>

- As of February 11, 2025, China Telecom, Marco Digital Technology, and Kaisheng New Energy lead the Hong Kong Stock Connect ownership percentages at 71.67%, 67.94%, and 67.85%, respectively.  
- In the last five trading days, Alibaba, Lenovo, and BYD saw the largest increases in holdings, with increases of +25.64 billion, +17.14 billion, and +12.65 billion, respectively.  
- Conversely, Tencent, China Mobile, and Meituan experienced the largest decreases in holdings, with reductions of -41.88 billion, -7.92 billion, and -6.91 billion, respectively.  

Analysis of Zhitong Hong Kong Stock Connect Holdings | February 12