Southbound funds net bought CNY 11.031 billion; Tencent Holdings was the top gainer.

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Southbound funds net bought CNY 11.031 billion on August 3, 2026, with potential shifts in market support and resistance levels. Under the Shanghai-Hong Kong Stock Connect, the Hang Seng China Enterprises Index Fund and Tencent Holdings recorded net purchases of HKD 4.75 billion and HKD 1.498 billion, respectively, while SMIC was the top net seller at HKD 371 million. Under the Shenzhen-Hong Kong Stock Connect, Alibaba-W and Tencent Holdings saw net inflows of HKD 3 billion and HKD 935 million, respectively, with SMIC again as the top net seller at HKD 692 million. Value investors in crypto strategies may view these movements as favorable entry points.

ChainCatcher report, according to Jin10, southbound funds today recorded a significant net inflow of RMB 1.1031 billion. On the Hong Kong Stock Connect (Shanghai), Tracker Fund of Hong Kong and Tencent Holdings received net inflows of HK$4.75 billion and HK$1.498 billion, respectively; Semiconductor Manufacturing International Corporation (SMIC) had the highest net outflow at HK$371 million. On the Hong Kong Stock Connect (Shenzhen), Alibaba-W and Tencent Holdings received net inflows of HK$3 billion and HK$935 million, respectively; SMIC had the highest net outflow at HK$692 million.

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