The Zhitong Finance App learned that in the Hong Kong stock market on November 24, Beishui sold a net sale of 2,496 million yuan, of which the Hong Kong Stock Connect (Shanghai) transaction made a net transaction of HK$1.84 billion, and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$657 million.
The individual stocks that Beishui Clean bought the most were Country Garden (02007), Country Garden Service (06098), and Clover Bio-B (02197). The largest individual stocks sold by Beishui Clean were Yingfu Fund (02800), Tencent (00700), and Industrial and Commercial Bank (01398).
The top ten actively traded stocks of Hong Kong Stock Connect (Shanghai)
Top 10 actively traded stocks of Hong Kong Stock Connect (Shenzhen)
Country Garden (02007) received a net purchase of HK$334 million. According to the news, Country Garden signed a contract with China Postal Savings Bank to establish a long-term strategic cooperative relationship. With this cooperation, the Postbank will provide Country Garden with an intentional credit line of no more than RMB 50 billion. According to reports, following receiving an intentional credit line of 50 billion yuan from the Postbank, Country Garden will also sign contracts with ICBC and the Bank of China today. People familiar with the matter revealed that the total amount of credit granted to Country Garden by the three major state-owned banks will exceed 100 billion yuan.
Country Garden Services (06098) received a net purchase of HK$187 million. According to the news, Country Garden Services previously announced that it will acquire 21.47% of Hefu Huihuang's shares for HK$233 million. After the acquisition is completed, it will become Hefu Huihuang's largest shareholder, and will be merged with Fu Huihuang. Shengang Securities believes that basic property services are still the main source of revenue for Country Garden services, but due to the difficulty of raising property fees, developing value-added business has now become a consensus among property companies. The acquisition and integration of the online and offline resources of the two parties in the real estate brokerage business will help Country Garden Services continue to optimize its revenue structure.
Clover Bio-B (02197) received a net purchase of HK$1977 million. According to the news, Clover Biotech recently announced that the company's COVID-19 vaccine candidate SCB-2019 (CpG 1018/aluminum adjuvant) has made significant progress in submitting registration applications to China, Europe and WHO, and is expected to be completed in the fourth quarter of 2022. In September of this year, Clover Biotech revealed that it had received $224 million from the Global Alliance for Vaccines and Immunization (Gavi) as advance payment for an order to purchase 64 million doses of SCB-2019.
CNOOC (00883) and COSCO Haineng (01138) received net sales of HK$1.81 million and HK$24.53 million respectively. According to the news, representatives of EU member states will begin negotiations on the proposed Russian crude oil price cap plan to be implemented next month. All parties are considering setting a range between 65 and 70 US dollars per barrel, which is at the upper end of the target level previously anticipated. If the vote is finally passed, the price limit order may not have a serious impact on Russian crude oil exports. Furthermore, according to a draft document quoted by the media on November 22, the EU may delay the full implementation of sanctions against Russia and soften key shipping clauses. Markets expect a marginal relaxation of Russian crude oil sanctions.
Bank of China stocks were sold off, and China Construction Bank (00939) and Industrial and Commercial Bank (01398) received net sales of 930,000 and HK$94.91 million respectively. In addition, Tencent (00700) and Profit Fund (02800) received net sales of HK$445 million and HK$1,238 million respectively.