---
title: "Net outflow of HKD 3.459 billion for Alibaba through Stock Connect"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277762413.md"
description: "According to the Hong Kong Stock Connect data, Alibaba had a net outflow of HKD 3.459 billion, becoming the main stock for capital outflows. In contrast, Tencent had a net inflow of HKD 849 million, performing relatively well. Overall, the southbound capital outflow was HKD 0, with a total transaction amount of HKD 142.126 billion, accounting for 39.01% of the market transaction volume"
datetime: "2026-03-04T10:25:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277762413.md)
  - [en](https://longbridge.com/en/news/277762413.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277762413.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277762413.md) | [繁體中文](https://longbridge.com/zh-HK/news/277762413.md)


# Net outflow of HKD 3.459 billion for Alibaba through Stock Connect

The net inflow from the north to the south for Tencent (00700.HK), SMIC (00981.HK), and Changfei (06869.HK) reached HKD 849 million, HKD 261 million, and HKD 72.96 million, respectively.

The net outflow from the north to the south for Alibaba (09988.HK), Xiaomi Group (01810.HK), and CNOOC (00883.HK) reached HKD 3.459 billion, HKD 180 million, and HKD 139 million, respectively.

The highest net inflow of funds in the Hong Kong Stock Connect (Shanghai) for active stocks was Tencent (00700.HK) at HKD 791 million, while the highest net outflow was Alibaba (09988.HK) at HKD 1.638 billion.

The highest net inflow of funds in the Hong Kong Stock Connect (Shenzhen) for active stocks was Southern Hang Seng Technology (03033.HK) at HKD 944 million, while the highest net outflow was Alibaba (09988.HK) at HKD 1.822 billion.

The total net outflow for the day from the south was HKD 0, with a total transaction amount of HKD 142.126 billion, accounting for 39.01% of the total market transaction amount

### Related Stocks

- [Alibaba Group Holding Limited (BABA.US)](https://longbridge.com/en/quote/BABA.US.md)
- [TENCENT (00700.HK)](https://longbridge.com/en/quote/00700.HK.md)
- [KraneShares 2x Long BABA Daily ETF (KBAB.US)](https://longbridge.com/en/quote/KBAB.US.md)
- [GraniteShares 2x Long BABA Daily ETF (BABX.US)](https://longbridge.com/en/quote/BABX.US.md)
- [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md)

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