According to the Zhongtong Finance APP, on December 2, in the Hong Kong stock market, Beishui had a net purchase of 19.654 billion Hong Kong dollars, with a net purchase of 11.058 billion Hong Kong dollars for the Shanghai-Hong Kong Stock Connect and 8.596 billion Hong Kong dollars for the Shenzhen-Hong Kong Stock Connect.

The top stocks with the highest net purchases by Beishui are Tracker Fund of Hong Kong (02800), Hang Seng H-Share Index ETF (02828), and Alibaba-W (09988). The top stocks with the highest net sales by Beishui are China Mobile (00941), CNOOC (00883), and XPeng Inc-W (02015).

Active trading stocks in Hong Kong Stock Connect (Shanghai).

Active trading stocks in Hong Kong Stock Connect (Shenzhen).

Beishui Funds rush to buy Hong Kong ETFs, with Tracker Fund of Hong Kong (02800) and Hang Seng H-Share Index ETF (02828) net buying 13.886 billion and 2.749 billion Hong Kong dollars respectively. On the news front, the Caixin China Manufacturing Purchasing Managers Index (PMI) for November announced today recorded 51.5, 1.2 percentage points higher than October, and has been in the expansion range for two consecutive months. Everbright Securities pointed out that due to the strengthening of the USD, there has been some fluctuation in the Hong Kong stock market recently. However, domestic policies are still actively driving the economy, and the core factor affecting the medium- to long-term trend of Hong Kong stocks is also gradually improving. With the logic of policy driving economic recovery still unproven, the Hong Kong stock market is expected to fluctuate upwards.

Alibaba-W (09988) received a net purchase of 0.518 billion Hong Kong dollars. On the news front, on November 21, Alibaba announced the establishment of the Alibaba E-Commerce Business Group, appointing Jiang Fan as responsible and reporting to Wu Yongming. The new e-commerce business group will fully integrate the Taobao Tmall Group, the International Digital Business Group, and e-commerce businesses such as 1688 and Xianyu, forming a business cluster covering the entire industry chain at home and abroad. It is worth noting that in recent days, several netizens have posted photos of encountering Jack Ma in Area C of Alibaba Xixi Park.

XPeng Motors-W (09868) received a net purchase of 0.214 billion Hong Kong dollars. On the news front, XPeng Motors released data showing that in November 2024, a total of 30,895 new cars were delivered, a year-on-year increase of 54% and a month-on-month increase of 29%. It is introduced that this is the first time XPeng Motors' single-month deliveries exceeded 30,000 vehicles, setting a new record for single-month deliveries for three consecutive months. Among them, XPeng MONA M03 has delivered continuously over 10,000 vehicles for 3 months since its launch; XPeng P7+ has been delivered over 7,000 vehicles in 23 days since its release.

Guangzhou Automobile Group (02238) received a net purchase of 22.47 million Hong Kong dollars. On the news front, Guangzhou Automobile Group recently announced the deepening of cooperation agreement with Huawei. Apart from Trumpchi, Entranze, and Wybor, Guangzhou Automobile Group will create a new high-end smart new energy vehicle brand. The relevant person in charge of Guangzhou Automobile Group stated that this cooperation model is different from the previous "Ask World, Intelligent World, Respect World, Enjoy World" four realms of Hongmeng Zhihang mode. In addition, Guangqi Entranze announced its global sales data for November 2024, with a total of 42,301 vehicles sold, achieving positive growth both year-on-year and month-on-month.

Li Auto-W (02015) incurred a net sell-off of 83.64 million Hong Kong dollars. On the news front, Li Auto announced that it delivered 48,740 vehicles in November, an 18.8% year-on-year increase but a 5.25% month-on-month decrease, marking the second consecutive monthly decline for Li Auto. In addition, on November 29, Li Auto announced a limited-time zero-interest policy at the end of the year. Users who purchase Li ONE and Li Xiang MEGA from November 29 to December 31 can enjoy a three-year zero-interest finance scheme with the lowest down payment.

CNOOC (00883) suffered a net sell-off of 0.133 billion Hong Kong dollars. On the news front, Everbright Futures pointed out that last week, Israel and Hezbollah reached a ceasefire agreement, entering a "disengagement" phase for the next 60 days. As current crude oil demand enters the off-season, and the three major institutions OPEC, EIA, and IEA all have expectations of a slowdown in demand prospects, oil prices may come under pressure to operate. This Thursday, OPEC will hold a meeting to discuss production levels. If there is no action taken to cut production beyond expectations, the meeting's outcome may struggle to provide support for oil prices.

In addition, Tencent (00700) and China Mobile (00941) suffered net sales of 0.227 billion and 28.13 million Hong Kong dollars respectively.