Zhitong Financial APP learned that on August 4, the Hong Kong stock market saw a net purchase of 967 million in North Water, with a net purchase of HK $340 million in Hong Kong Stock Connect (Shanghai) and HK $627 million in Hong Kong Stock Connect (Shenzhen).
The stocks that Beishuijing bought the most were China Mobile Limited (00941), Tencent (00700) and Geely Automobile (00175). The stocks sold most by Beishuijing are Great Wall Motor (02333), Li Ning Co. Ltd. (02331) and Semiconductor Manufacturing International Corporation (00981).
Hong Kong Stock Connect (Shanghai) Top Ten active Trading stocks
Hong Kong Stock Connect (Shenzhen) Top Ten active Trading stocks
China Mobile Limited (00941) received a net purchase of HK $619 million. On the news side, China Mobile Limited will announce this year's interim results on August 11, which is expected to benefit from the digitization trend of mainland industry, support income performance and offset some of the impact of the epidemic. The market will pay attention to the company's management's guidance on future dividend payouts and dividend ratios, as well as the competition and cost risks faced by its "DICT" business and cloud business. The four-piece brokerage forecast that the company's net profit in the first half of 2022 was 618.66 to 62.972 billion yuan, up 4.6 per cent from a year earlier to 6.5 per cent, while the median was 62.45 billion, up 5.6 per cent from a year earlier.
Tencent (00700) received a net purchase of HK $606 million. On the news side, Soochow Securities believes that Tencent has solid business barriers, strong ecology, and ecological nodes such as video number and Mini Program also have strong liquidity potential; financial technology business has shown obvious performance flexibility. However, due to the decline in advertising demand due to the epidemic, the blockade has led to a reduction in the frequency of use in the field of financial payment, which may be greatly affected. Zhongtai Securities believes that with the epidemic under control, macroeconomic recovery is expected to lead to a pick-up in consumption, the regular release of version numbers is conducive to the launch of new games, long-term sound operation of core games, and policies to vigorously encourage cultural products to go out to sea, combined with the advantages of summer vacation, the game business is expected to usher in a policy inflection point, and the dilemma can be reversed.
Auto stocks diverged again, with Geely Automobile (00175) and Byd Company Limited (01211) getting a net purchase of HK $270 million and HK $114 million respectively, while Great Wall Motor (02333) received a net sale of HK $308 million. On the news side, the China Automobile Circulation Association recently said that after entering July, the automobile market has entered a stable period, and under no major changes in policy and epidemic situation, car sales in August are expected to be basically the same as in July. The association also said that the uncertainty of the automobile market in the future will increase, and dealers should rationally estimate the actual market demand according to the actual situation, reasonably control the inventory level, and do not relax the epidemic prevention.
Wuxi Biologics (02269) received a net purchase of HK $12.78 million. On the face of the news, Wuxi Biologics announced today that he and AstraZeneca PLC have reached a strategic cooperation with AstraZeneca PLC on the local production of COVID-19 's neutralizing antibody combination drug Enshi (teshagrovir monoclonal antibody combined with cigavir monoclonal antibody). It is reported that AstraZeneca PLC and COVID-19 's anti-neutralization antibody combination drugs were authorized for emergency use in the United States at the end of last year, and were approved for listing in the European Union in March this year and conditionally listed in the United Kingdom. In May this year, it was conditionally approved by the Hong Kong Department of Health, and in June this year, it passed the special import examination and approval of the Boao Lecheng International Medical Tourism pilot area in Hainan for novel coronavirus pre-exposure prevention.
In addition, China Overseas Land & Investment (00688) received a net purchase of HK $66.35 million. Li Ning Co. Ltd. (02331) and Semiconductor Manufacturing International Corporation (00981) received a net sale of HK $108 million and HK $62.43 million respectively.