Zhitong Financial APP learned that on June 29, the Hong Kong stock market saw a net purchase of 3.349 billion in North Water, with a net purchase of HK $2.12 billion in Hong Kong Stock Connect (Shanghai) and HK $1.229 billion in Hong Kong Stock Connect (Shenzhen).
The stocks that Beishuijing bought the most were Li Auto Inc.-W (02015), Tencent (00700) and Sunny Optical (02382). The stocks sold most by Beishuijing were Great Wall Motor (02333), 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
Li Auto Inc.-W (02015) received a net purchase of HK $884 million. On the face of the news, Li Auto Inc. announced that he would sell ADS with a total amount of no more than US $2 billion through the on-site stock offering plan. The net income from this issue will be used to study the next generation of electric vehicle technologies, including BEV, intelligent cockpit and self-driving technology; to develop future platforms and car models; and to meet working capital needs and general corporate uses. Morgan Stanley believes that although investors may be worried about the company's additional ADS or short-term impact on the stock price through the floor share offering plan, it is believed that volatility should be manageable and capital replenishment is strategically positive, coupled with its $8 billion in cash and liquid assets, it is expected to support strategic and product ambitions.
Tencent (00700) received a net purchase of HK $852 million. On the news, Tencent previously announced that the company's main shareholder, Naspers Group, will sell the company's shares, and it is expected that the number of shares sold every day will account for a small portion of the company's daily average trading volume. Daiwa said that the reduction plan appears to have a negative impact on the company's share price in the short term, as the reduction plan may be significantly adjusted, but believes that the actual sale of shares may be less than the big deal carried out a few years ago.
Sunny Optical (02382) received a net purchase of HK $373 million. On the news, Sunny Optical recently said on the investors' Day that global smartphone shipments are expected to fall 7.9% to 1.22 billion units this year compared with the same period last year, with all regions down from the forecast at the beginning of the year. Lyon said the cut in its forecast for the smartphone market this year could mean a challenge in meeting its smartphone shipment target, but in terms of in-car lenses or modules, it still maintains market leadership in new energy vehicle customers and high-resolution products. At present, the company is building a wide customer base and occupying market share in emerging automotive businesses such as LiDAR and HUD.
Tsingtao Brewery (00168) received a net purchase of HK $271 million. On the face of the news, Huachuang Securities said that although the short-term operation of the beer sector is still under pressure, the recovery in the peak season is better than expected, leading enterprises are brewing a new round of price increases, high-end logic continues to verify, and the current cost pressure has been gradually reduced. Profit elasticity is expected to be released faster in the coming year.
China Shenhua Energy (01088) received a net purchase of HK $219 million. On the face of the news, Galaxy Securities pointed out that the weakening demand data in the lower reaches of the previous period and the adjustment of commodity prices have led to the recent adjustment of the coal sector, and it is expected that after the short-term demand shock, the industry supply and demand will still move towards a tight balance. The driving factors to be expected in the second half of the year are the continuous introduction of a package of economic stimulus policies, the recovery of the real estate industry chain, and the strong demand for non-electric coal.
New Oriental Education & Technology Group online (01797) received a net purchase of HK $38.95 million. In the news, Yu Minhong, founder of New Oriental Education & Technology Group, said in a post, "when there is a lively selection in the East, people think that New Oriental Education & Technology Group only works in agriculture." In fact, what New Oriental Education & Technology Group mainly does is education, which is New Oriental Education & Technology Group's main business. " Yu Minhong also revealed, "New Oriental Education & Technology Group is still building a third platform, which is an educational communication platform, which is called New Oriental Education & Technology Group Live Room." I hope to build it into a platform for the dissemination of knowledge that brings happiness in the field of education in a year's time. "
Tianyu Real Estate (00059) received a net sale of HK $5.98 million. In the news, Tianyu Real Estate notice refers to Tianyu Real Estate notice dated June 26th, 2022, relating to a secured loan with an outstanding overdue principal of HK $340 million and its accrued interest. At the request of the Company, as a result of cross-default on every debt, trading in corporate bonds on the Hong Kong Stock Exchange will be suspended from 09:00 on June 28, 2022 until further notice.
In addition, Li Ning Co. Ltd. (02331) and XIAOMI Group-W (01810) received net purchases of HK $74.32 million and HK $51.45 million respectively. Great Wall Motor (02333), China Mobile Limited (00941) and CNOOC (00883) received a net sale of HK $274 million, 238 million and 12.77 million respectively.