HK Stock Connect Daily Report: CHINA LIT Rises 15.54% as Ten ETFs Are Added to the Southbound Stock Connect List - 20261102

I. Market Overview

On November 2, 2026, the three major Hong Kong indices opened higher across the board. The Hang Seng TECH Index held its strength throughout the session; the Hang Seng Index slipped briefly in early trade, then rallied, and gains narrowed in the afternoon before all three closed higher. The Hang Seng Index closed at 23,393.32, up 0.42%; the Hang Seng TECH Index closed at 3,839.41, up 2.25%; and the Hang Seng China Enterprises Index closed at 7,906.11, up 0.56%. Full-day turnover on the Hang Seng Index reached HKD 204.8 billion, modestly below HKD 214.3 billion a day earlier.

On the board, among Stock Connect constituent stocks, CHINA LIT rose 15.54%, XD INC rose 14.25%, JINHAI MED TECH rose 13.19%, YOFC rose 11.49% and LONGCHEER rose 11.32%; on the downside, FAMEGLOW fell 26.36%, REALORD TECH fell 17.33%, BRAINAURORA-B fell 17.18%, HIPINE fell 12.00% and DIAGENS-B fell 10.76%. Media and gaming, optical communication and brokerage names led, while biopharmaceutical and previously active recent listings gave back gains. Across the Stock Connect universe, 409 stocks rose, 236 fell and 21 were unchanged.

Southbound capital recorded net selling of HK$4.469 billion on the day, comprising net selling of HK$2.837 billion via Stock Connect (Shanghai) and HK$1.632 billion via Stock Connect (Shenzhen), with both channels net sellers and Shanghai about 1.7 times the size of Shenzhen.

II. HK Stock Connect Stock Rankings

2.1 HK Stock Connect Stock Gainers and Decliners

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)

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.

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

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

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)

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.

IV. Industry and Corporate Updates

1. Ten ETFs Are Added to the Southbound Stock Connect List, Effective November 9

On October 30, a notice published by Shanghai Stock Exchange showed that China Investment Information had issued a regular adjustment notice for the list of Stock Connect-eligible ETFs under Shanghai-Hong Kong Stock Connect, adding ten ETFs, effective November 9, 2026. The new additions cover artificial intelligence, technology, high dividend and low-volatility dividend strategies. Hong Kong Exchanges and Clearing announced the same day that the total number of Stock Connect-eligible ETFs will rise to 41, spanning 14 issuers.

2. Southbound Net Selling Reaches HK$4.469 Billion as XIAOMI-W Leads with HK$1.804 Billion of Net Selling

On November 2, southbound capital recorded net selling of HK$4.469 billion, comprising net selling of HK$2.837 billion via Stock Connect (Shanghai) and HK$1.632 billion via Stock Connect (Shenzhen), with both channels net sellers. On a daily basis, southbound flows have now been net sellers for 14 consecutive trading days since October 13. At the stock level, TENCENT (00700.HK) topped southbound turnover at HK$4.204 billion with HK$28 million of net selling; CNOOC (00883.HK) traded HK$3.779 billion and led net buying at HK$888 million; XIAOMI-W (01810.HK) traded HK$3.351 billion and led net selling at HK$1.804 billion; YOFC (06869.HK) traded HK$3.092 billion with HK$348 million of net selling; and Z.AI (02513.HK) drew HK$365 million of net buying.

3. NVIDIA Shows Its Next-Generation CPO Prototype OOI as Optical Communication Names Advance

According to media reports, at SEMICON West 2026 in San Francisco on October 30, NVIDIA presented a next-generation co-packaged optics prototype named OOI (Optics-on-Interposer) and said it has received prototype samples, without publishing a commercialisation timetable. On November 2, Hong Kong optical communication and optical module names advanced: YOFC (06869.HK) rose 11.49% to HK$107.20 on turnover of HK$3.838 billion and a turnover rate of 8.69%; ZHONGJI INNOLIGHT (03308.HK) traded as high as HK$736.50 before closing at HK$696.00, up 2.96%, on turnover of HK$1.559 billion; and CIG (06166.HK) rose 3.33% on turnover of HK$1.053 billion.

4. Brokerage Stocks Advance as the Hong Kong Securities ETF Gains 3.73% on RMB 6.363 Billion of Turnover

On November 2, Chinese brokerage stocks listed in Hong Kong moved higher across the board. CICC (03908.HK) rose 8.90% to HK$18.48 on turnover of HK$576 million, GF SEC (01776.HK) rose 8.06%, CITIC SEC (06030.HK) rose 5.73% and CGS (06881.HK) rose 3.57%. The E Fund CSI Hong Kong Securities Investment Theme ETF (513090) rose 3.73% on RMB 6.363 billion of turnover and a turnover rate of 39.71%, the second-largest gain among Stock Connect-related ETFs. Media reports said the People's Bank of China and the China Securities Regulatory Commission convened a meeting with selected securities firms and fund managers on November 2 to study ways to promote the use of capital market tools, a report that circulated during the morning session.

5. Semiconductor and Internet Theme ETFs Lead as Oil and Gas Products Lag

On November 2, semiconductor and internet theme ETFs led the gainers among Stock Connect-related products. The Huatai-PB China Securities Han Stock Exchange China Korea Semiconductor ETF(QDII) (513310) rose 4.21% on RMB 21.514 billion of turnover and a turnover rate of 213.56%, topping both turnover and gains; the China Universal CNI HK Equities Internet ETF (159280) rose 3.40%, the Harvest Hang Seng HK Technology Theme ETF (520670) rose 3.27% and the Yinhua Hang Seng HK Equities China Technology ETF (513160) rose 2.99%. At the other end, the Harvest S&P Oil & Gas Exploration and Production Selected Industry ETF(QDII) (159518) fell 3.75%, the Fullgoal product (513350) fell 2.35%, the Invesco Great Wall S&P Consumption Selected ETF(QDII) (159529) fell 1.61% and the ChinaAMC Bradesco Brazil Ibovespa ETF(QDII) (159100) fell 1.39%. By turnover, the GF CSI HK Innovative Drugs Industry ETF(QDII) (513120) ranked second at RMB 7.635 billion and closed flat.