HK Stock Connect Daily Report: GENSCRIPT BIO Falls 15.61% as Hong Kong CRO Concept Stocks Retreat Sharply - 20261013

NewTimeSpace · 2026/10/13 17:58 · By Xuran Lin

On October 13, 2026, Hong Kong indices recovered with the HSI up 0.31%. HIPINE led gainers with a 17.08% rise; southbound net selling was HK$457 million.

Key Highlights:

The HSI rose 0.31%, the HSTECH fell 0.79% and the HSCEI rose 0.08%; full-day HSI turnover reached HKD 187.6 billion, up from the previous session, with southbound net selling of HK$457 million, comprising net buying of HK$44 million via Shanghai and net selling of HK$501 million via Shenzhen.
HIPINE led Stock Connect gainers with a 17.08% rise, CHINA EAST EDU rose 9.84% and YUE YUEN IND rose 6.93%; ABLE DIGITAL fell 31.07%, LIULIUMEI fell 27.46% and XUNCE fell 16.36%. ETF turnover was led by Huatai-PB China Securities Han Stock Exchange China Korea Semiconductor ETF at RMB 12.880 billion.
Hong Kong CRO concept stocks retreated sharply, with GENSCRIPT BIO down 15.61%; SMIC saw HK$976 million of southbound net selling; a global semiconductor selloff weighed on chip stocks; southbound capital recorded net selling of HK$457 million, while HK Stock Connect-related ETFs saw dividend and oil and gas themes rise and health care themes fall.

I. Market Overview

On October 13, 2026, the three major Hong Kong indices recovered from intraday lows, with the Hang Seng Index up 0.31%, the Hang Seng China Enterprises Index up 0.08% and the Hang Seng TECH Index down 0.79%, after falling as much as 2.85% during the session. Full-day turnover on the Hang Seng Index reached HKD 187.6 billion, up from HKD 162.6 billion a day earlier.

On the board, among Stock Connect constituent stocks, HIPINE rose 17.08%, CHINA EAST EDU rose 9.84%, YUE YUEN IND rose 6.93%, LIFETECH SCI rose 6.69% and SHOUGANG LANZA rose 5.98%; on the downside, ABLE DIGITAL fell 31.07%, LIULIUMEI fell 27.46%, XUNCE fell 16.36%, GON TECHNOLOGY fell 16.25% and YUNJI fell 15.89%. Pharmaceutical and semiconductor names declined, while dividend and oil and gas themes held up relatively well.

Southbound capital recorded net selling of HK$457 million on the day, comprising net buying of HK$44 million via Stock Connect (Shanghai) and net selling of HK$501 million via Stock Connect (Shenzhen), a divergence between the two channels.

II. HK Stock Connect Stock Rankings

2.1 HK Stock Connect Stock Gainers and Decliners

Category	Stock Code	Stock Name	Change (%)	Close (HKD)	Turnover (HKD 100mn)
Gainers No. 1	02583	HIPINE	17.08	52.500	2.32
Gainers No. 2	00667	CHINA EAST EDU	9.84	4.075	0.67
Gainers No. 3	00551	YUE YUEN IND	6.93	13.880	1.31
Gainers No. 4	01302	LIFETECH SCI	6.69	1.515	0.93
Gainers No. 5	02553	SHOUGANG LANZA	5.98	14.700	0.23
Decliners No. 5	02670	YUNJI	-15.89	7.360	2.05
Decliners No. 4	02768	GON TECHNOLOGY	-16.25	37.520	1.61
Decliners No. 3	03317	XUNCE	-16.36	71.600	2.42
Decliners No. 2	06658	LIULIUMEI	-27.46	127.300	0.41
Decliners No. 1	02687	ABLE DIGITAL	-31.07	194.800	0.13

Source: Wind, HKEX. The content of this article is for the objective presentation of data only and does not constitute any investment advice, nor does it represent a recommendation for or value judgment on any security. The market involves risks; investment requires caution.

2.2 HK Stock Connect Active Stocks (ranked by southbound turnover)

Rank	Stock Code	Stock Name	Southbound Turnover (HKD 100mn)	Southbound Net Buy (HKD 100mn)	Change (%)
1	01888	KB LAMINATES	28.37	1.72	-4.49
2	00981	SMIC	27.44	-9.76	-1.16
3	06869	YOFC	23.10	-4.29	-3.52
4	00883	CNOOC	22.95	-1.47	0.58
5	00700	TENCENT	19.44	-0.19	-0.14
6	01347	HUA HONG GRACE	17.66	-3.03	-5.29
7	09988	ALIBABA-W	16.20	-0.05	-0.92
8	01810	XIAOMI-W	15.56	-0.83	2.12
9	06166	CIG	13.74	2.62	2.26
10	02513	Z.AI	11.56	-1.18	-2.91

III. HK Stock Connect-related A-share ETF Rankings

3.1 HK Stock Connect-related A-share ETF Gainers and Decliners

Category	Code	Short Name	Change (%)	Turnover (RMB 100mn)
Gainers No. 1	513350	Fullgoal S&P Oil & Gas Exploration and Production Selected Industry ETF(QDII)	1.82	17.79
Gainers No. 2	159518	Harvest S&P Oil & Gas Exploration and Production Selected Industry ETF(QDII)	1.38	10.42
Gainers No. 3	513910	ChinaAMC CSI HK Equities Central Enterprise Dividends ETF	1.31	2.64
Gainers No. 4	520900	GF CSI Guoxin HK Equities Central Enterprise Dividends ETF	1.10	0.75
Gainers No. 5	159127	China Southern CSI HK Equities High Dividend Index ETF	1.05	0.10
Decliners No. 5	159137	Hwabao CSI HK Equities Health Care Theme ETF	-3.42	0.66
Decliners No. 4	513620	Yinhua CSI HK Equities Health Care Theme ETF	-3.63	0.58
Decliners No. 3	520850	E Fund CSI HK Equities Health Care Theme ETF	-3.68	0.40
Decliners No. 2	526010	China Universal CSI HK Equities Health Care Theme ETF	-3.77	0.11
Decliners No. 1	513290	China Universal NASDAQ Biotechnology Technology ETF(QDII)	-3.97	3.29

Source: Wind. The content of this article is for the objective presentation of data only and does not constitute any investment advice, nor does it represent a recommendation for or value judgment on any security. The market involves risks; investment requires caution.

3.2 HK Stock Connect-related A-share ETF Active Rankings (ranked by turnover)

Rank	Code	Short Name	Tracking Index	Turnover (RMB 100mn)	Turnover Rate (%)	Change (%)
1	513310	Huatai-PB China Securities Han Stock Exchange China Korea Semiconductor ETF(QDII)	CSI China-Korea Semiconductor Index	128.80	117.34	-2.71
2	513120	GF CSI HK Innovative Drugs Industry ETF(QDII)	CSI HK Innovative Drugs Industry Index (HKD)	61.53	29.20	-2.45
3	159509	Invesco Great Wall NASDAQ Technology Market Capitalization Weighting ETF(QDII)	NASDAQ Technology Market Capitalization Weighting Index	30.72	14.26	-0.16
4	513090	E Fund CSI Hong Kong Securities Investment Theme ETF	CSI Hong Kong Securities Investment Theme Index (HKD)	30.10	17.45	-0.29
5	513180	ChinaAMC Hang Seng Technology ETF(QDII)	Hang Seng TECH Index	20.28	5.44	-0.96
6	513130	Huatai-PB CSOP Hang Seng Technology Index ETF(QDII)	Hang Seng TECH Index	20.22	6.47	-0.78
7	513350	Fullgoal S&P Oil & Gas Exploration and Production Selected Industry ETF(QDII)	S&P Oil & Gas Exploration & Production Select Industry Index	17.79	145.82	1.82
8	513330	ChinaAMC Hang Seng Internet Technology Industry ETF(QDII)	Hang Seng Internet Technology Industry Index	16.78	6.52	-0.59
9	159570	China Universal CNI HK Equities Innovative Drugs ETF	CNI HK Equities Innovative Drugs Index	16.00	8.39	-1.21
10	159792	Fullgoal CSI HK Equities Internet ETF	CSI HK Equities Internet Index	15.43	4.81	-0.19

IV. Industry and Corporate Updates

1. Hong Kong CRO Concept Stocks Retreat Sharply as GENSCRIPT BIO Falls 15.61%

On October 13, GENSCRIPT BIO (01548.HK) closed down 15.61% at HKD 35.560, with turnover of HKD 2.982 billion. Hong Kong CRO concept stocks fell across the board: Pharmaron and Joinn Laboratories dropped more than 7%, Tigermed and WUXI BIO fell more than 6%, Frontage Holdings and Viva Biotech fell more than 5%, WuXi AppTec fell more than 4% and Asymchem fell more than 3%.

2. HIPINE Tops Stock Connect Gainers with a 17.08% Rise as Southbound Holdings Rise 1.89% Over Five Sessions

On October 13, HIPINE (02583.HK) closed up 17.08% at HKD 52.500, the top gainer among Stock Connect stocks on the day, with turnover of HKD 232 million. Stock Connect holding data show that over the most recent five sessions with available statistics, Stock Connect holdings in HIPINE rose 1.89% in percentage terms, among the largest increases in that period.

3. SMIC Sees HK$976 Million of Southbound Net Selling as a Global Semiconductor Selloff Weighs on Chip Stocks

On October 13, SMIC (00981.HK) recorded southbound turnover of HK$2.744 billion and southbound net selling of HK$976 million, the largest net sell that day; HUA HONG GRACE (01347.HK) saw HK$303 million of southbound net selling. Overseas, South Korea's KOSPI index fell as much as 6.8% intraday to 5,950 points, with Samsung Electronics and SK Hynix down more than 8% and 9% respectively, their fifth straight session of declines. In Hong Kong, optical communication, chip semiconductor and smartphone supply chain names fell across the board, with the Hang Seng TECH Index down as much as 2.85% intraday.

4. Southbound Net Selling Reaches HK$457 Million as the Shenzhen Channel Sells HK$501 Million

On October 13, southbound capital recorded net selling of HK$457 million, comprising net buying of HK$44 million via Stock Connect (Shanghai) and net selling of HK$501 million via Stock Connect (Shenzhen), a divergence between the two channels. At the stock level, southbound funds bought a net HK$262 million of CIG (06166.HK) and HK$172 million of KB LAMINATES (01888.HK), while selling a net HK$976 million of SMIC (00981.HK), HK$429 million of YOFC (06869.HK) and HK$303 million of HUA HONG GRACE (01347.HK).

5. HK Stock Connect-related A-share ETFs Diverge as Dividend and Oil and Gas Themes Rise While Health Care Themes Fall

On October 13, HK Stock Connect-related A-share ETFs in the A-share market diverged. On the upside, Fullgoal S&P Oil & Gas Exploration and Production Selected Industry ETF(QDII) (513350) rose 1.82%, Harvest S&P Oil & Gas Exploration and Production Selected Industry ETF(QDII) (159518) rose 1.38%, ChinaAMC CSI HK Equities Central Enterprise Dividends ETF (513910) rose 1.31% and GF CSI Guoxin HK Equities Central Enterprise Dividends ETF (520900) rose 1.10%. On the downside, China Universal NASDAQ Biotechnology Technology ETF(QDII) (513290) fell 3.97%, China Universal CSI HK Equities Health Care Theme ETF (526010) fell 3.77% and E Fund CSI HK Equities Health Care Theme ETF (520850) fell 3.68%. By turnover, Huatai-PB China Securities Han Stock Exchange China Korea Semiconductor ETF(QDII) (513310) led with RMB 12.880 billion, followed by GF CSI HK Innovative Drugs Industry ETF(QDII) (513120) with RMB 6.153 billion.

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