Zhitong Financial APP learned that on the Hong Kong stock market on February 8, there was a net sale of 3.636 billion in Beishui, including HK $2.722 billion in Hong Kong Stock Connect (Shanghai) and HK $914 million in Hong Kong Stock Connect (Shenzhen).
The stocks that Beishuijing bought most were New Oriental Education & Technology Group online (01797), Wuxi Biologics (02269) and CNOOC (00883). The stocks sold most by Beisui net are Hang Seng China Enterprises (02828), HKEx (00388) and Industrial and Commercial Bank of China (01398).
Hong Kong Stock Connect (Shanghai) actively traded stocks
Hong Kong Stock Connect (Shenzhen) active Trading stocks
New Oriental Education & Technology Group online (01797) received a net purchase of HK $310 million. In the news, Oriental selection recently announced an investment of 17.52 million yuan for the expansion of its own baked sausage factory in Henan. The plant is expected to have an annual output of 18000 tons at the beginning of 23 years after the expansion. Tianfeng Securities said that proprietary products have always been the strategic focus of Oriental selection. Previously, the company proposed or invested in the high-quality supply chain, and the strategy continued to land. This time, participation in the construction of self-owned products factory, on the one hand, helps to enhance the production, research and development, quality control and supply capacity of proprietary products. At the same time, it can also enhance Oriental selection's control over the supply chain.
Wuxi Biologics (02269) received a net purchase of HK $244 million. On the news, Morgan Stanley released a report saying that the optimization of prevention and control has several effects on the health care industry, including the full resumption of hospital flow and consultation activities, increased community mobility and shopping sentiment, the resumption of cross-border clinical trials and business development activities, and faster approval of treatments. The bank pointed out that Wuxi Biologics is still the first choice and believes that the company can continue to grow.
CNOOC (00883) received a net purchase of HK $207 million. In news, Saudi Arabia unexpectedly raised oil prices in its main Asian markets. It is reported that the official price (OSP) of Arab light crude shipped to Asia in March was 20 cents higher than in February to $2.00 a barrel higher than the price quoted by Oman / Dubai, compared with market expectations of a reduction of 30 cents. In addition, Goldman Sachs Group decided to raise the demand forecast for Chinese crude oil this year and next, and London oil futures are expected to return to more than $100 a barrel this year.
China Resources Power Holdings (00836) received a net purchase of HK $117 million. On the news side, Southwest Securities believes that the average price of thermal coal in China is relatively high in recent years, and the benchmark price established in 2019 can no longer reflect the real cost of power generation. The electricity market reform continues to advance, and the electricity price mechanism has ushered in a change. Rising electricity prices are expected to ease cost pressure. In addition, under the superposition of the coal power price reform mechanism of "lower limit coal protection, upper limit power protection" and the signing of the medium-long Association to maintain a high level, the contradiction between coal and power is expected to be further alleviated. Thermal coal prices are expected to return to a reasonable level.
Hong Kong Aerospace Technology (01725) received a net purchase of HK $24.84 million. In terms of news and news, Hong Kong Aerospace Science and Technology previously announced that it had signed a memorandum of understanding with the government of the Republic of Djibouti and Dazhi Road International Holdings Group to jointly develop and operate the Djibouti spaceport. In addition, the company recently announced that its Golden Bauhinia Satellite 3, 4 and 6 have been successfully launched.
Industrial and Commercial Bank of China (01398) received another net sale of HK $251 million. On the news side, according to the latest data from the Hong Kong Stock Exchange, Ping an Asset Management reduced its stake in Industrial and Commercial Bank of China 91.406 million shares at a price of HK $4.2016 each, with a total amount of about HK $384 million. After the reduction, the latest number of shares is about 12.138 billion shares, and the latest shareholding ratio is 13.98%.
The HKEx (00388) received a net sale of HK $282 million. On the news, the HKEx announced that the average daily turnover in January rose 3 per cent from the previous month and 9 per cent from the same period last year. But Goldman Sachs Group said he did not think the changes were material and maintained his "buy" rating on HKEx, with a target price of HK $441m. Goldman Sachs Group pointed out that the stock's downside risks include increased competition in onshore capital market business, weakening capital flow rate in the cash market and fee pressure caused by reduced domestic charges.
In addition, China Mobile Limited (00941) and Gome Retail (00493) received net purchases of HK $82.4 million and HK $25.95 million respectively. Hang Seng China Enterprises (02828) and Tencent (00700) received net sales of HK $329 million and HK $188 million respectively.