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<Research>Guosen Securities Lists Top 10 HK Stocks w/ Largest Foreign Capital Inflow/ Outflow in 4Q25 (Table)
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Guosen Securities released a report titled “Tracking Foreign Capital Flows in the Hong Kong Stock Market in 4Q25”, listing the top ten Hong Kong stocks with the largest inflows and outflows of foreign capital in the last quarter.

Top 10 HK Stocks with the Largest Overall Foreign Capital Inflow
Stocks | Forecast Net Inflow Amount in 4Q25
INNOVENT BIO (01801.HK) | HKD6.43 billion
GCL TECH (03800.HK) | HKD5.31 billion
SMIC (00981.HK) | HKD5.28 billion
HANG SENG BANK (00011.HK) | HKD5.06 billion
TENCENT (00700.HK) | HKD4.98 billion
LAOPU GOLD (06181.HK) | HKD4.02 billion
HSCEI ETF (02828.HK) | HKD3.89 billion
HUA HONG SEMI (01347.HK) | HKD3.66 billion
WUXI BIO (02269.HK) | HKD3.09 billion
A GX HSCEICC (03416.HK) | HKD3.03 billion

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Top 10 HK Stocks with the Largest Overall Foreign Capital Outflow
Stocks | Forecast Net Outflow Amount in 4Q25
XIAOMI-W (01810.HK) | HKD50.41 billion
BABA-W (09988.HK) | HKD21.13 billion
HSBC HOLDINGS (00005.HK) | HKD16.23 billion
TRACKER FUND (02800.HK) | HKD16.03 billion
MEITUAN-W (03690.HK) | HKD14.42 billion
POP MART (09992.HK) | HKD13.84 billion
CM BANK (03968.HK) | HKD13.07 billion
BEKE-W (02423.HK) | HKD7.35 billion
ISHARESHSTECH (03067.HK) | HKD7 billion
CNOOC (00883.HK) | HKD6.77 billion
AASTOCKS Financial News
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