---
title: "Net inflow of POP MART through Hong Kong Stock Connect is HKD 1.121 billion"
description: "According to the Hong Kong Stock Connect data, POP MART had a net inflow of HKD 1.121 billion, becoming the main inflow stock for southbound funds. Xiaomi Corporation and HUA HONG SEMI had net inflows"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262027261.md"
published_at: "2025-10-21T10:25:02.000Z"
---

# Net inflow of POP MART through Hong Kong Stock Connect is HKD 1.121 billion

> According to the Hong Kong Stock Connect data, POP MART had a net inflow of HKD 1.121 billion, becoming the main inflow stock for southbound funds. Xiaomi Corporation and HUA HONG SEMI had net inflows of HKD 481 million and HKD 441 million, respectively. Alibaba and Tencent had net outflows of HKD 430 million and HKD 31.87 million, respectively. Overall, the net outflow of southbound funds was HKD 0, with a total transaction amount of HKD 126.489 billion, accounting for 47.79% of the market transaction volume

The net inflow from the north to the south reached HKD 1.121 billion for POP MART (09992.HK), HKD 481 million for Xiaomi Corporation (01810.HK), and HKD 441 million for HUA HONG SEMI (01347.HK).

The net outflow from the north to the south was HKD 430 million for Alibaba (09988.HK) and HKD 31.87 million for Tencent (00700.HK).

The highest net inflow of funds in the Hong Kong Stock Connect (Shanghai) for active stocks was HKD 683 million for POP MART (09992.HK), while the highest net outflow was HKD 133 million for Alibaba (09988.HK).

The highest net inflow of funds in the Hong Kong Stock Connect (Shenzhen) for active stocks was HKD 438 million for POP MART (09992.HK), while the highest net outflow was HKD 1.102 billion for the Tracker Fund of Hong Kong (02800.HK).

The total net outflow for the day was HKD 0, with a total transaction amount of HKD 126.489 billion, accounting for 47.79% of the total market transaction amount

### Related Stocks

- [09992.HK - POP MART](https://longbridge.com/en/quote/09992.HK.md)
- [688347.CN - Hua Hong](https://longbridge.com/en/quote/688347.CN.md)
- [01347.HK - HUA HONG SEMI](https://longbridge.com/en/quote/01347.HK.md)
- [XIACY.US - Xiaomi Corporation](https://longbridge.com/en/quote/XIACY.US.md)
- [01810.HK - XIAOMI-W](https://longbridge.com/en/quote/01810.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 泡泡瑪特在繁榮與蕭條之間取得平衡：Labubu 的崛起能否與 Molly 的勢頭相匹敵？ | 泡泡瑪特，這個國際藝術玩具品牌，面臨挑戰，因為其爆款角色 Labubu 在二級市場價格上出現下滑，而其標誌性角色 Molly 則慶祝 20 週年。公司的收入在很大程度上依賴於 Labubu，但其表現經歷了顯著的波動，與 Molly 的穩定表 | [Link](https://longbridge.com/en/news/275993548.md) |
| 年銷 4 億件！” 後 Labubu 時代”，泡泡瑪特的高增長能否持續？ | 滙豐表示，“Labubu 帶來的超高速增長會褪去，但平台能力會延續”，並將 2026 年定義為 “再定基” 的一年。瑞銀認為，銷量數據有助於緩解市場對單一爆款依賴的擔憂，同時新 IP Twinkle 在 2026 年初開局強勁，為增長接力提 | [Link](https://longbridge.com/en/news/275396337.md) |
| 暴漲 50% 空頭死扛不退！泡泡瑪特正面臨一場史詩級 “逼空” 風暴？ | 泡泡瑪特港股近期暴漲 50%，但 S3 Partners 數據顯示空頭並未撤退，空頭佔自由流通股比例反而從 2% 激增至 16%，逼空風險評分達滿分 100。分析師稱這是罕見的 “極度擁擠單邊押注”，儘管公司通過回購提振信心，但空頭仍押注公 | [Link](https://longbridge.com/en/news/275545907.md) |
| 當泡泡瑪特擠掉 “泡泡”——從 “超級 IP 確立” 走向 “全球長青” | 國聯證券指出，泡泡瑪特已超越 “盲盒泡沫” 階段，正通過 Labubu 家族化與星星人等新 IP 矩陣建立可持續的 IP 生態。其核心戰略是全球化擴張（尤其北美集羣化開店）與產業鏈延伸（切入烘焙、珠寶等高頻消費場景），推動公司從 “超級 I | [Link](https://longbridge.com/en/news/275414453.md) |
| 泡泡瑪特表示其在 2025 年售出了 1 億個 LABUBU 玩偶 | 泡泡瑪特，一家中國設計師玩具製造商，宣佈在 2025 年銷售了超過 1 億個其旗艦 IP LABUBU。該公司報告稱，所有產品類別的全球總銷售額超過 4 億個單位。到 2025 年底，泡泡瑪特在 100 多個國家運營，擁有超過 700 家門 | [Link](https://longbridge.com/en/news/275398071.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.