According to the data, on the first trading day after being transferred to the Hong Kong Stock Connect, MiniMax received a net purchase of nearly HK$2.7 billion from Southbound Capital, ranking first among actively traded stocks. MiniMax closed up more than 17% on Thursday. Southbound Capital also bought Jiantao laminates, Changfei optical fiber cables, etc. on Thursday. Southbound Capital had an overall net sale of HK$1.46 billion in Hong Kong stocks on Thursday, with Tencent Holdings, Alibaba, and SMIC leading in net sales.

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