Northward funds sold 3.861 billion yuan of A-shares net throughout the day, the third consecutive day of net sales, and for the first time since December 13, 2022 reduced positions for three consecutive days.
Among the active stocks, the top three net sales of northbound funds today are BYD, Gale shares, and Tongwei shares, with amounts of 407 million yuan, 315 million yuan and 255 million yuan respectively. The top three net buyers are Guizhou Moutai, Luzhou laojiao and Hang Seng Electronics, with amounts of 553 million yuan, 463 million yuan and 410 million yuan respectively. In addition, northward funds have bought the Ningde era for 20 consecutive days, totaling 15.014 billion yuan.
Southbound funds bought a net HK $17 million of Hong Kong stocks today.Among them, the net turnover of the Hong Kong Stock Connect (Shanghai) was HK $670 million, and the net purchase volume of the Hong Kong Stock Connect (Shenzhen) was HK $686 million.
In terms of active stocks, Wuxi Biologics, CNOOC Limited and Tencent received a net purchase of HK $219 million, HK $212 million and HK $172 million respectively. TRACKER FUND OF HONG KONG, Hang Seng Chinese Enterprises, Industrial and Commercial Bank of China and Hong Kong Exchanges and Clearing received a net sale of HK $446 million, HK $297 million, HK $202 million and HK $107 million respectively.
Stocks concerned by Nanshui
Guizhou Moutai gets net purchase553 million yuan.On Feb. 6, a "prohibition" document of PICC property Insurance was widely circulated online, triggering a 5 trillion yuan liquor track crash!In the past two years, liquor stocks have been scared off many times by the "prohibition". It is inevitable that the liquor sector will have a short-term impact, but the impact on its long-term investment logic is very limited.
BYD was sold net407 million yuan. On the face of the newsIn response to rumors that BYD will buy Ford's German plant, BYD executives have revealed that BYD is exploring building its own plant in Europe rather than buying it from other companies, Bloomberg reported.
Stocks concerned by Beishui
CNOOC Limited net buying212 million Hong Kong dollars.Goldman Sachs Group said oil prices would rise from about $80 to more than $100 because sanctions could lead to a decline in Russian oil exports and demand is expected to recover. Goldman Sachs Group's head of commodities research, Jeff Currie, said on Sunday that the oil industry's lack of production spending to meet demand would also be a driver of higher oil prices, and this lack of capacity could become a major problem by 2024.
Tencent received a net purchase of HK $172 million.Chinese companies have rapidly increased the number of patent applications for artificial intelligence (AI) products in the past few years, according to statista, according to LexisNexis PatentSight statistics. By 2021, Tencent and Baidu, Inc. hold the top two AI patents in the world, each with more than 9000 patents.