---
title: "STOCKS | Southbound Funds Record Net Sell-Off of HKD 315 Million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288697788.md"
description: "Southbound funds recorded a net sell-off of HKD 315 million. In the Shanghai-Hong Kong Stock Connect, Tencent Holdings and Akeso Biopharma saw net sell-offs of HKD 445 million and HKD 341 million respectively, while SMIC led net purchases with HKD 892 million. In the Shenzhen-Hong Kong Stock Connect, SMIC and Alibaba-W experienced net sell-offs of HKD 707 million and HKD 703 million, while Hua Hong Semiconductor topped net purchases with HKD 345 million."
datetime: "2026-06-04T09:32:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288697788.md)
  - [en](https://longbridge.com/en/news/288697788.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288697788.md)
---

# STOCKS | Southbound Funds Record Net Sell-Off of HKD 315 Million

Southbound funds recorded a net sell-off of HKD 315 million today. According to Jin10, in the Shanghai-Hong Kong Stock Connect, Tencent Holdings and Akeso Biopharma saw net sell-offs of HKD 445 million and HKD 341 million, respectively. Meanwhile, SMIC led net purchases with HKD 892 million. In the Shenzhen-Hong Kong Stock Connect, SMIC and Alibaba-W experienced net sell-offs of HKD 707 million and HKD 703 million, respectively, while Hua Hong Semiconductor topped net purchases with HKD 345 million.

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