Zhitong Financial APP learned that on June 24, the Hong Kong stock market saw a net purchase of 3 billion in North Water, with a net purchase of HK $1.061 billion in Hong Kong Stock Connect (Shanghai) and HK $1.939 billion in Hong Kong Stock Connect (Shenzhen).
The stocks that Beishuijing bought most were Li Auto Inc.-W (02015), Geely Automobile (00175) and Xiexin Technology (03800). The stocks sold most by Beishuijing are China Mobile Limited (00941) and CNOOC (00883).
Hong Kong Stock Connect (Shanghai) Top Ten active Trading stocks
Hong Kong Stock Connect (Shenzhen) Top Ten active Trading stocks
Beishui continued to increase its positions in automotive stocks, with Li Auto Inc.-W (02015), Geely Automobile (00175) and XPeng Inc.-W (09868) getting a net purchase of HK $914 million, HK $524 million and HK $338 million respectively. It is worth mentioning that domestic investors bought a total of about HK $2.692 billion of Li Auto Inc. this week. On the news side, CSC FINANCIAL CO.,LTD believes that this week, the country will once again increase the size of cars to boost consumption, of which the more important news is to "study the issue of exemption from new vehicles and the extension of the tax policy for the purchase of energy vehicles." it is expected that the sales of new energy vehicles will continue to grow under the tax exemption extension policy for new energy vehicles, which is good for the entire industry chain of new energy vehicles. Policies related to activating the used car market directly boost the used car market, or indirectly stimulate major application scenarios such as online car-hailing. In addition, the National standing Committee stressed the need to "support the construction of parking lots". Pay attention to the participation of relevant investors such as urban investment platforms and private capital.
Xiexin Technology (03800) received a net purchase of HK $480 million. On the news side, on June 21, Xiexin Science and Technology announced that the production of Xiexin Science and Technology Leshan granular Silicon Project has entered the countdown. As of the same day, each production module of Leshan Xiexin 100000 ton granular silicon project has been completed or is entering the construction installation node of the project, turning on a single machine for commissioning and waiting for production, and will be put into production one after another in the near future, and is scheduled to be put into operation at full capacity before the end of the year. In addition, the latest polysilicon quotation released by the Silicon Branch of the China Nonferrous Metals Industry Association shows that the domestic single crystal re-feeding price ranges from 268000 yuan to 280000 yuan per ton this week, with the highest transaction price breaking the historical record of 275000 yuan per ton set in November last year.
Wuxi Biologics (02269) received a net purchase of HK $100m. On the news side, Southwest Securities said that driven by the cost advantage, overseas CXO production capacity continued to transfer to China, while the rise of domestic innovative drugs further brought incremental space for the CXO industry, and the performance of the CXO sector is expected to maintain rapid growth and high certainty. Some institutions said that with reference to the valuation level of overseas CXO leaders, the current valuation of the domestic CXO industry has bottomed out, and the price of investment is relatively high. Among them, the domestic medium and low growth rate CXO has the investment performance-to-price ratio, and the high growth rate CXO has more room than expected.
Kuaishou Technology-W (01024) received a net purchase of HK $92.71 million. On the news, open source securities released a research report saying that according to the "618" e-commerce boost in 2022, the bank believes that live e-commerce is still on the fast track of development. Based on the fact that live e-commerce shortens the flow of information and decision-making, and has the advantage of being more efficient in terms of "people, goods, and markets", the bank judges that its penetration of the e-commerce market will continue to improve, and the market size may continue to grow at a high level, while the platform, head MCN institutions and acting operators may benefit more in the process of changing the distribution pattern of its industrial chain.
CNOOC (00883) received a net sale of HK $301 million. On the news side, founder medium-term futures said that the risk of macro recession continued to rise, while the United States pressured Saudi Arabia to lead OPEC to increase production, but European and American sanctions against Russia were still tightening or keeping the supply and demand structure of crude oil tight, and the continued game between macro and crude oil supply and demand increased the volatility of the oil market.
In addition, Tencent (00700) and Baoxin Finance (01282) received net purchases of HK $386 million and HK $54.3 million respectively. China Mobile Limited (00941) received a net sale of HK $441 million.