港股通(沪)活跃成交股On February 13, in the Hong Kong stock market, the northbound capital recorded a net Sell of 1.024 billion HKD, of which the SH->HK Connect had a net Buy of 2.335 billion HKD, while the SZ->HK Connect recorded a net Sell of 3.359 billion HKD.
According to Zhitong Finance APP, on February 13th in the Hong Kong stock market, northbound capital had a net sell of 1.024 billion HKD, among which SZ->HK Connect had a net buy of 2.335 billion HKD, and SH->HK Connect had a net sell of 3.359 billion HKD.
The stocks with the highest net buy from northbound capital are Alibaba (09988), Semiconductor Manufacturing International Corporation (00981), and CHINA MOBILE (00941). The stocks with the highest net sell from northbound capital are TRACKER FUND OF HONG KONG (02800), Tencent (00700), and CNOOC (00883).
Active traded stocks under SH->HK Connect.
Active trading stocks on SZ->HK Connect.
Alibaba-W (09988) received a net buy of 1.728 billion HKD. In news, Alibaba co-founder and Chairman Cai Chongxin confirmed the collaboration with Apple. China Merchants pointed out that this cooperation validates Alibaba's AI large model's strong competitiveness and leading position both domestically and globally. As the largest domestic cloud vendor with globally leading AI large model capabilities, Alibaba Cloud has vast development space and is expected to deeply empower and collaborate with e-commerce and other businesses within the group. It is believed that Alibaba's valuation paradigm should shift from value to growth, benchmarking against the substantial valuation enhancement space of leading overseas cloud vendors.
Semiconductor Manufacturing International Corporation (00981) received a net buy of 0.903 billion HKD. In news, Citi stated that the revenue for Semiconductor Manufacturing International Corporation in the fourth quarter of last year fell within the guidance upper limit, while the gross margin was better than the guidance. BOCOM INTL pointed out that it is Bullish on the trend of domestic substitution in wafer foundry and the company's continued leading position in industry competition, but investors should consider the impact of high capital expenditure on gross margin, uncertainties in downstream demand, and changes in product prices due to intensified competition in mature processes.
CHINA MOBILE (00941) received a net buy of 0.531 billion HKD. In news, operators fully integrated with DeepSeek. Zheshang pointed out that operators' IDC market share ranks within the top three in the country, with the onboard rate expected to increase; operators are the main force behind domestic computing power, and intelligent computing profitability is expected to improve significantly; the AI explosion simultaneously drives general Cloud Computing into a growth cycle; IDC and Cloud Computing businesses bring value reevaluation to operators. Furthermore, stable growth, high dividends, and enhanced investment value in a low-interest-rate environment.
ALI HEALTH (00241) received a net buy of 0.242 billion HKD. In news, Sinolink pointed out that AI empowers online consultations and health management, optimizing both efficiency and quality of online medical services. By training data through doctors and vast consultation data, it continuously optimizes to provide more precise and effective initial diagnosis consultations for patients, helping doctors reduce routine burdens and improve medical efficiency with increasing efficiency. If AI could participate in prescription assistance, it is expected to greatly enhance the systematization, accuracy, and efficiency of remote prescription management, addressing inefficiencies and misjudgments previously reliant on complete manual processes.
KUAISHOU-W (09868) faced a net sell of 0.341 billion HKD. In news, BYD recently announced an intelligent strategy to bring smart driving below 0.1 million yuan. Moreover, several automotive brands, including Tesla, KUAISHOU, and IM, have collectively launched significant vehicle purchase discount policies, covering insurance subsidies, zero-interest financing plans, and various strategies. CITIC SEC pointed out that the financial policies of automakers may further escalate the price war in the new energy vehicle market.
BYD Electronics (00285) experienced a cumulative maximum increase of over 40% this month, with some northern funds selling off at highs, resulting in a net sell of 0.408 billion HKD throughout the day. In news, China Merchants pointed out that BYD's intelligent driving equity strategy has exceeded expectations, Bullish on the new wave of automotive intelligence industry led by it, while BYD Electronics, as the core supplier of the parent company's 'automotive intelligent strategy', has promising elastic growth space for medium to long-term performance in automotive electronics business.
China National Offshore Oil Corporation (00883) experienced a net sell of 0.498 billion HKD. According to reports, Morgan Stanley released research reports stating that for CNOOC, they lowered their oil sales revenue forecast to account for the weak oil price factors of the last quarter, and adjusted their oil price forecasts for the 2025/26 fiscal year. In addition, they cut CNOOC's earnings forecast for the 2024 fiscal year by 4%; the forecast for 2025 fiscal year was lowered by 1%, while the target price for its H shares was correspondingly adjusted from 21.8 HKD to 20.7 HKD, maintaining a "Shareholding" rating. Despite this, they believe that CNOOC still has good earning potential.
TRACKER FUND OF HONG KONG (02800) faced a net sell of 3.103 billion HKD. In the news, China International Capital Corporation pointed out that there are signs of market overdraft in the short term, and some Technical Indicators are close to being overbought, but there are still internal discrepancies among investors. If the risk premium falls back to the last May's high of 6.7%, it corresponds to around 21,600 points on the Hang Seng Index; if the risk premium further drops to 6% around early October of last year, it would correspond to approximately 23,000 points on the Hang Seng Index, but this is quite challenging. They believe that the progress of tariffs and policy expectations are mutually causal, and AI technology trends are even more critical.
Additionally, KUAISHOU-W (01024) and SUNAC (01918) experienced net purchases of 0.243 billion and 94.69 million HKD respectively. Meanwhile, Tencent (00700) and ZTE (00763) saw net sells of 1.766 billion and 0.298 billion HKD respectively.
