North Water Trends | Beishui's net sale was 1,518 billion. Beishui sold Alibaba (09988) over HK$3.2 billion throughout the day

The Zhitong Finance App learned that in the Hong Kong stock market on July 24, Beishui traded net sales of HK$1,518 billion. Among them, Hong Kong Stock Connect (Shanghai) had net sales of HK$551 million and Hong Kong Stock Connect (Shenzhen) had net sales of HK$967 million.

The individual stocks that Beishui Net bought the most were Huahong Hongli (01347), SMIC (00981), and Zhiguo (02513). The individual stocks sold the most by Beishui Net were Alibaba-W (09988), Jiantao Laminate (01888), and Tencent (00700).

Hong Kong Stock Connect (Shanghai) active trading stocks

Hong Kong Stock Connect (Shenzhen) active trading stocks

Huahong Hongli (01347) and SMIC (00981) received net purchases of HK$378 million and HK$320 million respectively. According to reports, TSMC began price negotiations with customers in June and completed the basic price adjustment plan in July. The increase range is 5% to 10%. The exact range varies depending on the customer and product type. The new pricing will officially take effect in early 2027, covering advanced and mature process semiconductors.

Zhi Spectrum (02513) received a net purchase of 239 million. Xiaoma said that the current GLM-5.2 model of Zhi Spectrum is still among the top cutting-edge models in China, and the GLM-5.3 and the new 2T+ flagship model are expected to be released in the next few months. The bank judged that Smart Spectrum is capable of continuing to maintain domestic leadership in the next model cycle, thereby supporting ARR's continued expansion in the current market environment where computing power is limited.

GigaYi Innovation (03986) received a net purchase of HK$172 million. Zhaoyi Innovation announced that it plans to spend 500 million yuan to increase the capital of its wholly-owned subsidiary, Zhuhai Hengqin Xincun Semiconductor Co., Ltd., to promote the implementation of DRAM-related fund-raising projects. In the first half of this year, GigaYi Innovation expects to achieve net profit of about 6.9 billion yuan, an increase of about 1099% over the previous year.

CNOOC (00883) had a net sale of HK$321 million. Goldman Sachs released a research report saying that assuming that the geographical tension cools down in the fourth quarter of this year, the Brent oil price forecast for the fourth quarter of this year remains unchanged at 80 US dollars per barrel, but emphasizes that there are new upward price risks in the near future. Looking ahead to 2027, assuming that the strait remains unobstructed, the bank expects the average price of oil and New Zealand oil to be 75 US dollars and 70 US dollars, respectively, and maintain the 2027 average oversupply forecast of 3.2 million barrels per day.

Jiantao laminate (01888) was sold in net sales of HK$692 million. According to data from the Hong Kong Stock Exchange, on July 20, Zhang Jiahao reduced his holdings of Jiantao Laminated Board by 1 million shares, for a total amount of about HK$42.1 million. Previously, on June 30, Zhang Guohua reduced their holdings of Jiantao Laminate by 300,000 shares, for a total amount of HK$295.773 million; on June 26, the three directors of Jiantao Laminate simultaneously reduced their holdings of the company's shares, involving about HK$898.451 million. It is worth noting that the controlling shareholder Jiantao Group drastically reduced its holdings of Jiantao laminated boards twice during the year, with a total cash package of about HK$14.5 billion.

Alibaba-W (09988) had a net sale of HK$3.207 billion. On July 20, the European Commission announced that according to the EU Digital Services Law (DSA), AliExpress, a cross-border e-commerce platform owned by Alibaba, was fined 550 million euros (approximately RMB 4.25 billion), setting the highest penalty record since the EU DSA came into effect. Notably, the stock price performance of Google and Tesla after the latest financial reports proved that AI transactions have switched from “story driven” to a “cash flow verification” stage.

In addition, Lanqi Technology (06809) received a net purchase of HK$13.97 million, while Changfei Optical Cable (06869) and Tencent (00700) received net sales of HK$167 million and HK$496 million respectively.