---
title: "STOCKS | Southbound Funds Record Net Purchase of 790 Million Yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286071680.md"
description: "Southbound funds recorded a net purchase of 790 million yuan today. In the Shanghai-Hong Kong Stock Connect, Kuaishou-W and Montage Technology saw net purchases of 316 million and 190 million Hong Kong dollars, respectively. SMIC had the highest net sell-off at 486 million Hong Kong dollars. In the Shenzhen-Hong Kong Stock Connect, SMIC and Pop Mart recorded net purchases of 290 million and 30 million Hong Kong dollars, while Hua Hong Semiconductor faced the highest net sell-off at 805 million Hong Kong dollars."
datetime: "2026-05-12T09:33:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286071680.md)
  - [en](https://longbridge.com/en/news/286071680.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286071680.md)
---

# STOCKS | Southbound Funds Record Net Purchase of 790 Million Yuan

Southbound funds recorded a net purchase of 790 million yuan today. According to Jin10, in the Shanghai-Hong Kong Stock Connect, Kuaishou-W and Montage Technology saw net purchases of 316 million Hong Kong dollars and 190 million Hong Kong dollars, respectively. Meanwhile, SMIC experienced the highest net sell-off, amounting to 486 million Hong Kong dollars. In the Shenzhen-Hong Kong Stock Connect, SMIC and Pop Mart recorded net purchases of 290 million Hong Kong dollars and 30 million Hong Kong dollars, respectively, while Hua Hong Semiconductor had the highest net sell-off, totaling 805 million Hong Kong dollars.

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